The following tutorial is to restore New option via registry editing.
****PLEASE be very careful and follow the procedures to the letter.
If at any point you have question or unsure, STOP. Post back and ask before you continue.
Read this tutorial................
Link Removed
You might want to know on Step 2 how to create a new key......
Right click at ContextMenuHandlers > click New > click Key > type New. That is your new Key.