Ethiopian Multiplication
Python 2, 203 202 187 133 bytes

a,b=input()
s=0
while a:print'%3s%9s'%(a,'[ %%dd] '[a%2::2]%b);s+=[0,b][a%2];a/=2;b*=2
print'%10s==\n%11s'%(''.rjust(len(`s`),'='),s)

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If I can use * for string multiplication ('='*R) and as a 'selector' (b*(a%2) instead of [0,b][a%2]), I get:
118 bytes

a,b=input()
s=0
while a:print'%3s%9s'%(a,'[ %%dd] '[a%2::2]%b);s+=a%2*b;a/=2;b*=2
print'%10s==\n%11s'%('='*len(`s`),s)

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Explanation:
a,b=input()                   #Get input
L=len(`a`)                    #Get length of first number for adjusting text
l=[]                          #Output list
s=0                           #Sum
while a:
 B=['[%d]',' %d '][a%2]%b     #B is either '[b]' or ' b ' depending on if a is odd/even
 l+=[(`a`,B)]                 #Add a,B to output list
 s+=[0,b][a%2]                #Add b to sum if a is odd
 a/=2;                        #Halve a
 b*=2;                        #Double b
R=len(B)                      #Length of last B for adjusting output
l+=[('',''.rjust(R,'='))]     #Add double line ==== to output list
l+=[('','%d '%s)]             #Add sum to output list
for x,y in l:
 print x.rjust(L),y.rjust(R)  #Print adjusted numbers