Windows Hotkeys + Explorer.exe default behaviour

[Omega_Supreme]

Just wondering if there is any place in the registry to create additional windows key shortcuts (ie Windows+E etc)? I know I can easily create shortcuts to programs and assign one in there, I wanted to see if you can add them straight into the XP registry instead.

The second question is how can I change the Explorer behaviour for WINDOWS+E so it automatically goes to a location of my choice? I can accomplish this by simply creating a new shortcut to Explorer.exe and adding the /e,/m,/select switches but want to modify WINDOWS+E behaviour directly. I tried searching google but had no luck besides the shortcut method.