Well, I agree removing any shortcuts can simply be just deleted. But, based on all appearances, the "removal" via Add/Remove Windows Components only removes shortcuts. In the Add/Remove Windows Components panel, the impact on hard drive space of adding or removing a component is displayed. In cases where, supposedly, the only thing removed is shortcuts to the component, the change in drive space is displayed as 0.00MB. And, a message at the lower part of the panel says, "Adds or removes access to Outlook Express from the Start menu".
I tested the procedure. It removes all shortcuts, including one I had on my Quick Launch toolbar. When I accessed Add/Remove Windows Components again to add it back, it was added back to the Programs menu. I opened Outlook Express and went to Tools, Options, Accounts, Mail, to make sure my email account data was still there. It was.
Why Outlook Express and some other components are displayed in Add/Remove Windows Components merely to remove shortcuts, I have to wonder.