JSPA Program Manager for WM
Another great option to manage your programs (shortcut links) is presented by XDA member Nullstring.
The updated version now supports VGA and QVGA resolutions for Windows Mobile devices equipped with screen orientation awareness. Navigate, move, copy, rename, delete, and create new folders are some of the options you have available in this application.
Originally posted by Nullstring
[APP]JSPA Program Manager 3.1 for Windows Mobile 6.0 and 6.5
JSPA Program Manager allows you to manage your programs(shortcut links) in start menu on Windows Mobile 6.0 and 6.5 Smartphone. It allows you to Navigate, Move, Copy, Rename, Delete, and Create New Folder on an easy steps.
You can find more information in the application thread.