I used icondesk for this and point it to my existing quick launch dir. This way if I switch back to the explorer shell I have the same quicklaunch shortcuts. My path to my exporer quick launc is:
/Documents and Settings/Administrator/Application Data/Microsoft/Internet Explorer/Quick Launch
Put the following in you icondesk.rc for a start.
IconDeskGroups Launcher
IconDeskLauncherVisible false
IconDeskLauncherX -20
IconDeskLauncherY 250
IconDeskLauncherSize 19
IconDeskLauncherSpacingX 2
IconDeskLauncherSpacingY 5
IconDeskLauncherDirection left
IconDeskLauncherWrapDirection down
IconDeskLauncherWrapCount 2
IconDeskLauncherHideText true
IconDeskLauncherToolTips true
IconDeskLauncherFoldersFirst true
; icon color
; not full color, a bit "dusty"; comment out to get full color icons
IconDeskLauncherHueIntensity 50
;IconDeskLauncherLinkOverlay false
;IconDeskLauncherShareOverlay false
*IconDeskLauncherMouse LeftUP .none .open
;Change this if you don't want icondesk to point at your quicklaunch folder.
*IconDeskLauncherFolder $QuickLaunch$
This won't put icondesk where YOU want it but you'll get the idea.