I would leave you programs with Windows, it makes it easier if you ever use
an Imaging program.(like Drive image)
You can move your "My Documents" folder to D + have the programs that let
you chose to put files on D. I would leave the favorites alone. Even if you
have a thousand of them it will only be a few MB.
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This is an article I copied a while ago:
This article describes how to change the default location of the My
Documents folder in Microsoft Windows XP.
MORE INFORMATION
The My Documents folder is your own personal folder in which you can store
your documents, graphics, and other personal files. When there is more that
one person using the computer, Windows creates a My Documents folder for
each user on the computer.
By default, the target or actual location of the My Documents folder is
C:\Documents and Settings\ user name\My Documents, where C is the drive in
which Windows is installed, and user name is the currently logged-on user.
You can change the target if you want My Documents to point to a different
folder location.
Change the Default Location of the My Documents Folder
To change the default location of the My Documents folder, follow these
steps:
Click Start, and then point to My Documents.
Right-click My Documents, and then click Properties.
Click the Target tab.
In the Target box, do one of the following:
Type the path to the folder location that you want, and then click OK. For
example, D:\My Stuff.
If the folder does not exist, the Create Message dialog box is displayed.
Click Yes to create the folder, and then click OK.
-or-
Click Move, click the folder in which to store your documents, and then
click OK twice.
If you need to create a new folder, click Make New Folder. Type a name for
the folder, and then click OK twice.
In the Move Documents box, click Yes to move your documents to the new
location, or click No to leave your documents in the original location.
Restore the My Documents Folder to Its Default Location
To restore the My Documents folder to its default location, follow these
steps:
Click Start, and then point to My Documents.
Right-click My Documents, and then click Properties.
Click Restore Default, and then click OK.
In the Move Documents box, click Yes to move your documents to the new
location, or click No to leave your documents in the original location.
Remove the My Documents Folder from the Start menu
If you do not want to display My Documents on the Start menu, follow these
steps:
Right-click Start, and then click Properties. Or, if the Start menu is
already displayed, right-click an empty area of the Start menu, and then
click Properties.
Click Customize.
Click the Advanced tab.
In the Start menu items list, under My Documents, click Don't display this
item, and then click OK twice.
The next time you click Start, the My Documents folder is no longer
displayed on the Start menu.
NOTE: Removing the My Documents folder from the Start menu does not remove
the files stored in the target location of the My Documents folder.
Display the My Documents Folder on the Start menu
To display My Documents on the Start menu, follow these steps:
Right-click Start, and then click Properties. Or, if the Start menu is
already displayed, right-click an empty area of the Start menu, and then
click Properties.
Click Customize.
Click the Advanced tab.
In the Start menu items list, under My Documents, click Display as a link or
Display as a menu, and then click OK twice.
The next time you click Start, the My Documents folder is displayed on the
Start menu
