Hi Banderson561,
Managing the MSN Favorites can be done conveniently as you:
1. Click on the Start icon for Favorites
2. Click on Organize Favorites
3. The list of favorite items and/or folders should open where you can click Delete under each item. For those that are in folders, you need to open each folder if you want to delete the individial item to be deleted.
By default, the MSN Favorites are alphabetically arranged.
Thanks!
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