MoveAndLink is a shell extension that will allow you to move and link a folder.
MoveAndLink (formerlly called JunctionMaster) is a small and simple shell extension that will allow you to MOVE and LINK a folder in one easy step.
For instance, if you bought a new hard drive you might wish to move some large folders without having to change their paths? For instance, having it store the stuff in c:\movies, but not having the path of c:\movies change. This is what JunctionMaster will do. It would move the files to f:\movies, but c:\movies still accesses them just the same (with no perceptible difference at all in the shell until Windows 7, where it now shows a link overlay on the folder icon). You must be CAREFUL though as deleting the files from either location will delete them in both (since only one real copy exists).