Just as a FYI:
You can use SQL pane, at least in Access 2003, by creating a new query, switching to SQL View and type in the statement, then execute it.
But all it'd do is create a new saved querydef, which is kind of pointless because um, we've already opened a new query and could just have put in the SELECT statement and saved it.
I believe CREATE VIEW (as well as CREATE PROCEDURE) was created to provide a interface for developers using Jet without Access environment, but if you have Access, it's not that terribly useful.
Hope that helps.