"After using the CreateShortcut method to create a shortcut object and set the shortcut object's properties, the Save method must be used to save the shortcut object to disk. "
That's strait from the example page you linked us to.
I assume creating the object merely puts it into memory, thus it must be saved into the disk itself to actually stay where you put it.
At least, this is what I understand from it... xD
Good luck with Coms, not too many people know how to mess with those on mIRC
ziv.
