"J. P. Gilliver (John)" wrote:
[...]

"Favorites" I've always assumed was just Internet-Explorer-speak for
bookmarks, as it once indeed was (and may still be); as such, I hadn't
even looked at it for ages (possibly years). To my surprise I don't
actually _have_ such a folder under C:\ or C:\Windows; I had one under
C:\ProgramData, but system told me I couldn't get at that. Ah, I must
have moved it at some time - I have it under D:\ (that's the one with
the star icon I was expecting); that does indeed seem to still be IE's
bookmarks (I'm on W7HP32).

If your D:\ is also known as \Users\you or/and just you, then
"Favorites" is in the right location, because it's user-specific, not
system-wide.

And BTW, it's of course "Favourites"! Don't you know your own
language!? :-)