Take alook at this nice trick ....
How to Rename Your Recycle Bin
Written by Uhdie
Date of Publication: November 3 , 2005 .. Here are the Steps :
Other Microsoft Windows users
Click Start / Run
Type regedit and press enter.
Open the HKEY_CLASSES_ROOT folder
Open the CLSID folder
Open the {645FF040-5081-101B-9F08-00AA002F954E}folder
Open the ShellFolder folder
Change the "Attributes Data value from "40 01 00 20" to "50 01 00 20". Windows XP users rename this to "70 01 00 20".
Windows XP Users
Right click on the Recycle Bin desktop icon and click Explorer. With your Recycle Bin highlighted click File and Rename.