Hi Jeanie,
Your list of favorites takes up very little space as each
one is just a pointer to a webpage. Less than 512 bytes
each. To give you perspective, it would take 2,000 of them
to take up 1 meg of hard drive space. What does take up
space is your internet cache, which is copies of those
websites stored on your computer. You can manage them by
the Tools->Internet Options->Temporary Internet Files
selection within Internet Explorer. You can also run the
disk cleanup utility by selecting My Computer->Right Click
on the hard drive (ie: C

->disk cleanup. To thoroughly
clean up internet crud that gets on your PC, go to
download.com and try out a 3rd party application.
-James