Flowlayout panel is a much simpler control than TableLayoutPanel. It arranges items as a linear collection, supporting wrapping. It works well for menuing and list like scenarios and also supports textwrapping and some interesting alignment options.

FlowLayoutPanel has a much smaller range of uses than TableLayoutPanel. Some scenarios in which it's interesting to consider FlowLayoutPanel include:

• Placing controls one after another without overlapping – lists of links, such as explorer bars.
• Multi Column UI Portal – an application such as money with lots of little panels of information that reflow/wrap when the window is resized.
• ToolStrip layout – ToolStrips support flow layout by a property called LayoutStyle.  By switching the LayoutStyle to Flow and casting the LayoutSettings property to FlowLayoutSettings, a ToolStrip can behave much like a FlowLayoutPanel.
• Toolbar-esque windows that can float and take on different orientations: if the contents of the FLP are properly laid out (e.g. integral heights/widths of one another), you can get a fair amount of rearrangement for free if the window switches between a set of fixed sizes.

NOTE: FLP sample in the SDK provides a rudimentary demonstration of this.