Is it possible to put a 'new folder' in with the standard toolbar buttons?

"This is the best I can come up with:

Create a new text file. Name it New Folder.vbs
Copy-paste the following script into
it:

dim myShell
set myShell = CreateObject(""WScript.shell"")
myShell.sendkeys(""%(f)"")
WScript.Sleep 200
myShell.sendkeys(""w{ENTER}"")

Move the vbs file somewhere and create a shortcut to it under to C:\Documents and Settings\<your_user>\Favorites\Favorites Bar
Change the shortcut name to ""New Folder"" and set the icon accordingly.
Open Windows Explorer and check View Menu -> Toolbars -> Links

Your New Folder item will now be visible.

Of course, if you use Internet Explorer, you will have to put up with this new item on its favorites bar!"

Windows 7 has this built in, but you probably aren't looking to upgrade.