Here's our Windows XP Tip for.. August 6, 2003
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Removing the Volume Control from the System Tray
I've found that because you can use Windows 98's Volume Control only with a mouse, it has a somewhat limited functionality. So instead of monkeying with the Volume Control, I leave it turned up to its maximum level all the time and adjust the volume on my external speakers.
After making this decision, it doesn't make much sense to have the Volume Control sitting in the System Tray. To remove it, go to Start, Settings, Control Panel and double-click the Multimedia icon. Click the Audio tab, and in the Playback section, uncheck the Show Volume Control On The Taskbar option. Click OK and the Volume Control icon disappears.