A quick google and sure enough.
There's a note about 7 there too.
I have just gotten a new computer with Windows 7 Pro installed on it, and am going through the learning curve.
I have two questions with respect to shortcuts that are created -- usually via the drag & "create shortcut here" option.
1. Is there a way to make the arrow smaller, or if not then is there a way to make it disappear? It is taking up about 1/4 of the icon picture.
2. Is there a way to not have the words "shortcut to" appended. I can always do a rename, but that is a bit of a bother.