With this tweak you can change your Favorite Folder Location. By default your Favorite Folder will be store in the C:\Documents and Settings\{username} folder. If you want keep your favorites on a other place, follow the next steps:

1. Open the Registry Editor click on the Start button on your taskbar, then click on Run and type "regedit" and click on OK to start the regedit utility.
    
2. Expand HKEY CURRENT USER\Software\Microsoft\Windows\CurrentVersion\Explorer\User Shell Folders (see picture 1).
   
   

   Picture 1

3. In the right pane, right click Favorites -> Modify -> Change path.
    
4. To verify:  On the Favorites menu, click Organize Favorites.