eg har fundet det her:
http://www.pcmag.com/article2/0,4149,1372837,00.asp
As you've noticed, simply deleting the Links folder is pointless, because Internet Explorer re-creates it. To block the reanimation of that folder, launch REGEDIT from the Start menu's Run dialog. Navigate to the key HKEY_ CURRENT_USER\Software\Microsoft\ Internet Explorer\Toolbar. In REGEDIT's right-hand pane, find a String value named LinksFolderName and rename it to NOT_LinksFolderName (so you can easily reverse this change if you wish). Now right-click on the right-hand pane, choose New | String value, and name the new value LinksFolderName, leaving its data blank. When you delete the Links folder one final time, IE will not re-create it.