Ranger;
from:
http://www.kellys-korner-xp.com/xp_abc.htm
["Links" Folder - Remove
There are two methods that can be used to hide the Links folder, one using
the registry and the other using file attributes. Both methods are detailed
below: Using the Registry: Open your registry and find the key below.
Set the value of "LinksFolderName" to equal a blank string. Open IE and
delete the Links folder from the Favorites menu.
The next time you start Internet Explorer the Links folder will not be
recreated.
Using File Attributes: Using Explorer find the location of your Favorites
folder (e.g. C:\Documents and Settings\Joe Bloggs\Favorites) within that
folder will be a sub-folder named Links.
Select the Links folder and right-click (or secondary click) and select
Properties, check the Hidden checkbox and click OK.
From now on the Links folder should be hidden from the Favorites list. This
works for any other folder or link on the favorites menu as well. Note: The
Links folder must be manually deleted from the favorites menu. This tweak
stops it being automatically recreated.
HKEY_CURRENT_USER\Software\Microsoft\Internet Explorer\Toolbar
Value Name: LinksFolderName
Data Type: REG_SZ (String Value)]