Utility : SHORTCUT OVERLAY MANAGER
This little FREE utility will remove, restore, or change the Shortcut Arrow on shortcuts. It will also enable or disable the Shortcut name extension when new shortcuts are created. 32 bit & 64 bit versions are now available. Works on Vista and Win7.
I've been using this utility for a couple of years now, so that should tell you how reliable and stable this utility is. You can dowload it here : http://www.vistax64.com/tutorials/67615-shortcut-arrow.html
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