ArcGIS Can Now Rename Fields
Although I have not investigated which release, 10.1 or 10.1 Service Pack 1, this was implemented in, it is good to see this frequent request by students in class has been implemented. True, it is a bit on the geeky side. However, I am a geek and I know some other geeks out there. Thus, if you qualify, you will appreciate this. Those of you who do not, you have a delete key for a reason.
ArcGIS Idea - ArcGIS should allow the ability to rename fields.