Well, Calum isn't an active forum member- at least, not here anymore, for a number of reasons- Patio will probably see this thread quite soon after he logs back on tomorrow, too.
While we're on it. If I get windows 7, will I be able to take a folder, and password protect it?
Well,
sort of but not the way you probably mean.
What you can do is encrypt the folder using the Encrypting File System NTFS features; (you could do this with XP Pro and Vista too, actually) what this basically does is use your unique User ID to encrypt your file; you can treat the file as you would any other- once it is encrypted, it will appear a shade of green in your explorer windows, but aside from that there is absolutely no indication it is encrypted.
If another user tries to access the file, however, they will get an access denied message, since windows will try to decrypt the file using
their userID as a "password" but it will fail.
The biggest issue with using the EFS is that if your OS get's corrupted and you have to reinstall, you lose access to all your encrypted files. This is why it's important to make something called a "recovery agent disk" (I forget the exact wording) which will allow you to recover the data from encrypted files.
Additionally, even if a person cannot read the file they can still move it (as long as it's to another NTFS partition) and even delete the file, so it might not be quite the benefit you want. If you wanted to, however, you could combine both the File encryption and NTFS folder permissions to make it so nobody else can delete or even modify the files inside at all- and even deny access to see the files.
There is still an additional concern, though. When most people say they want to password protect a folder, they really mean that whenever you try to open the folder it asks for a password- regardless of the user- so if somebody got into your account, or you forgot to log-off, or whatever, they could still access the files.
You can work around this by simply pressing Windows-Key+L whenever you step away from the keyboard, I suppose.
Anyway, there are ways to sort-of get what you want but you will probably need a third party program to get exactly what you are after.