Based on Michel de Ruiter's Collapse Code Blocks customization I have created a script that will collapse Email Blocks. I have a handful of cases that have accumulated a large number of lengthy emails over time. I find the ability to collapse them all facilitates reviewing the updates without the pollution of long email conversations. Any individual email block can be expanded by double-clicking the collapsed header.
By default emails display as usual, but any page that contains one or more emails will include a link at the top of the Bug Event panel to collapse them down. Once a user has collapsed emails for a case the emails will appear collapsed on the next page visit. This collapsed-state recall is on a per-case basis, and only works for the current user on the current browser (due to it's implementation using cookies).
No collapse/expand option will be displayed if the case does not contain email events.
here's a [blurry, sorry] screenshot:

I'm sure that there's plenty of room for improvement. I hope you find it useful.
name: Collapse Email Blocks
description: Collapse/expand an email block by double-clicking it
author: Dave Cross
version: 1.0.0.2
1.0.0.3
js:
/*
Based on Collapse Code Blocks by Michel de Ruiter
http://fogbugz.stackexchange.com/questions/6395
History:
1.0.0.3 - Dave: Updated CSS to work with the new UI in FogBugz 8.7.18
Changed bg colour of collapsed email blocks to better indicate that some text is hidden
1.0.0.2 - DaveCross: Do not collapse by default, but remember individual users' collapse settings on a per-bug basis
1.0.0.1 - DaveCross: Added an expand/collapse all option at the top of the bug history panel
*/
var ixBug = $('div.ixBug div a').text();
var sCookie = "emgfb-" + ixBug + "-collapseEmailBlocks";
// determine if user has previously specified to collapse email blocks for this case
var bCollapseEmail = $.cookie(sCookie) || false;
var sEmailBlockCollapseText = "Collapse All Email Blocks";
function CollapseEmailBlocks(bCollapse)
{
if (bCollapse) {
$("div.email").addClass("collapsed");
("div.bugevent.detailed.email").addClass("collapsed");
$("div.bugevent.detailed.email").find(".emailHeader").addClass("collapsed");
}
else {
$("div.email").removeClass("collapsed");
("div.bugevent.detailed.email").removeClass("collapsed");
$("div.bugevent.detailed.email").find(".emailHeader").removeClass("collapsed");
}
sEmailBlockCollapseText = (bCollapse ? 'Expand All Email Blocks' : 'Collapse All Email Blocks');
}
CollapseEmailBlocks(bCollapseEmail);
$("div.email").attr("title", ("div.bugevent.detailed.email").attr("title", "Double-click to collapse/expand")
.dblclick(function() {
$(this).toggleClass("collapsed");
$(this).find(".emailHeader").toggleClass("collapsed");
});
/* Add a link at the top of the case history to expand/collapse all email blocks */
if ( $("div.email").length > 0 ) {
$("span#BugEvents").prepend('<p><a id="toggleEmailBlocks" class="dotted" href="javascript:;">' + sEmailBlockCollapseText + '</a></p>');
$("#toggleEmailBlocks").click(function() {
bCollapseEmail = !bCollapseEmail
CollapseEmailBlocks(bCollapseEmail);
$(this).text(sEmailBlockCollapseText);
if (bCollapseEmail) {
$.cookie(sCookie, true);
}
else {
// Don't set the cookie false, delete it instead - to avoid cookie proliferation
$.cookie(sCookie, null);;
}
});
}
css:
div.email.collapsed {
height: 80px66px;
background-color: #BBB;
overflow: hidden !important;
cursor: default;
}
div.emailHeader.collapsed {
background-color: #AC9C98;
}
#toggleEmailBlocks {
font-size: 11px;
}