I think the easy tool here is CCleaner.

by R. Proffitt Moderator - 8/10/10 6:45 AM

In Reply to: Where is the Windows ME applications list? by ramchip

http://download.cnet.com/ccleaner/

On the screen at http://www.piriform.com/ccleaner/screenshots/screen/ccleaner4 you see you can delete that entry.

This list is in the registry and AFAIK it still works on ME.
Bob