In just two clicks, WinBubble will help you to customize and tweak your Windows Vista easily. Its features cover Customization, Security and Optimization.
NEW Features:

Changing Windows Vista Icons easily (Customizations and Restoration)
Added "Browse" option in changing shortcut icons
additional performance tweaks (Speed up Shutdown and Network Connections)
more security features (complete UAC options and USB storage security)
IE tools
other miscellaneous tweaks
Other Features:

Windows Customizations:

Add/Edit OEM Logo and Information´s
Edit Owner Information
Context Menu Customizations: Move To, Copy To, Take Ownership, Pin To, Turn OFF/ON Aero, Disk Clean-up and
Winbubble launcher
Customize Screensaver (Bubbles, Ribbon and Mystify)
Customize and Remove the Arrow on Shortcut icons
Desktop Icons: Show IE, Computer, Network, Control Panel, Username folder and Public Folder to Desktop.
Hacking Windows Experience Score
Re-enable Hibernation
Enable Aurora Bootscreen guide
Launch WinSAT Aurora
Show Windows Vista Build on Desktop
Enable Slow-Down Animations
Enable/Disable Welcome Center
IE Customizations:

Internet Explorer Window Title
Start Pages
Enable/Disable Pop-up Blocker
Enable/Disable Phising Filter
Enable/Disable Download Complete Notification
Enable/Disable ClearType font
Remove Search Box
Hide Command Bar
Optimizations:

Speed-up Start menu search (Stops searching the File index, Favorites and History, and Communication files)
Clear Multiple Monitor Configuration
3 ways to turn off Windows Aero, Increases Performance for Gaming and Battery Usage
Security:

Remove "New" in Explorer´s Context Menu
Remove "Folder Options"
Disable Taskmanager
Disable AutoPlay in All type of media
Disable access to Display Property
Disable access to Control Panel
Increasing security by forcing to input the Username before entering the windows
Add Encrypt/Decrypt to Explorer´s Right-Click Menu (Context Menu)
Enable/Disable UAC
Disable RUN command in the Start Menu and Task manager
Hide ALL Fix Drives
Hide a specific Drive
Hide Shutdown button and options in the Start Menu
Internet Explorer Security settings 1: Disable File->New, File-> Open, Save As, View Source, Favorites, Right-Click, Download, Tools->Internet Options.
Internet Explorer Security settings 2: Internet Options Window, Hide General Tab, Security Tab, Privacy Tab, Content Tab, connections Tab, Programs Tab, Advanced Tab
System Requirements:
Windows Vista only

Core NEW Features:

Welcome Screen Logon Features
Automatic loading and browsing of bitmap files for OEM Customization
Automatic Wallpaper Conversion
File Type Customisations
New Tools in WinBubble Tweaking Toolbox
Windows Utilities and More Policies Tab
My Computer and Control Panel Items Tool
File-type and Open With Context Menu Customization
The program now is Password protected
Changing the Color combination of the Utility
Windows 7 support was added
Right-Click Menu for the important settings was added
WinBubble Admin Tools was added
Bug Fixes
Windows 7 Main Features:
Adding Icons to Right-Click Menus
Open With Menu Items and File Type Context Menu Editor
Automatic conversion of Jpeg Images in Windows 7 (tested on 3400 different file sizes)
Logon Background Wallpaper Customisations while on the Welcome Screen
Welcome Screen Text Shadow Customization and Disabling the Start-up sound was added
Access to Windows 7 Hidden Utilities was added
Documentations for Windows Tools was added

Windows Vista only Feature
Shutdown Button Settings Tool
Turning Off the Glass Effect using the Desktop Window Manager was updated

Windows 7 and Vista Features
(Enhanced) Display recent Programs in Start Menu Feature
Open With Menu Items and File Type Context Menu Editor
Adding Items to Desktop, My Computer and Control Panel
Command Prompt Background and Text Color Customizations
Ability to Change WinBubble Background Color
WinBubble Admin Tools Added
Restore Point Creator was updated
User Accounts CP Tool was added

New Windows 7 and Vista Policies/Restrictions

Taskbar and Start Menu
Add Run Command to Start Menu
Clear Recent Documents History on Exit
Clear Recent Programs List for New Users
Remove Access to Right-Click Menus for the Taskbar
Prevent the User fom adding or removing Toolbars
Prevent users from resizing the Taskbar
Prevent the user from rearranging toolbars
Lock the Taskbar

Desktop
Hide and Disable All Items on Desktop
Prevent Adding, dragging, dropping and closing the taskbars toolbars
Prohibit adjusting desktop toolbars

Machine
CD and DVD: Deny Read Access
CD and DVD: Deny Write Access
Floppy Drives: Deny Read Access
Floppy Drives: Deny Write Access
Removable Disks: Deny Read Access
Removable Disks: Deny write Access
Removable Disks: Deny All Access

Control Panel
Restrict Access to Control Panel

Display Settings
Remove Display in Control Panel
Hide Appearance and Themes Tab
Hide Desktop Tab
Hide Screensaver Tab
Hide Settings Tab
Prevent Changing of Wallpapers

Restrict Microsoft Management Console
Computer Management
Disk Management
Device Manager
Shared Folders
Advance Windows Firewall

System
Prevent access to command prompt and cmd script processing
Prevent access to Registry Editor
Prompt for Password on resume from hibernate / suspend

CTRL+ALT+DEL Options
Remove Change Password
Remove Lock Computer
Remove Start Task Manager
Remove Logoff