It is just a folder like any other folder on your hard
drive. The catch is you have to find it to change it.
In XP, 7, or Vista use Win+R to open the run dialog and
enter shell:sendto. Press Enter and the folder will open.
If you want to delete an item, right-click it and select
Delete.
If you want to add a new item, copy its shortcut into the
folder. For example, you might want to be able to send a file to a specific
folder without having to always open that folder. Perhaps a BACKUP folder for
files you want to remember to take with you on your flash drive. Just drag that
folder into the SendTo folder and a shortcut to it will be created in the SendTo
list.