The following entries in the registry will enable you to change the Name and the Icon associated that is shown in Windows Explorer for a specific driveletter.

Within the following key create another sub-key called "DriveIcons"

Open your registry (using e.g., regedit.exe) and find the key below.

Hive:	HKEY_LOCAL_MACHINE
Key:	Software\Microsoft\Windows\CurrentVersion\Explorer\DriveIcons Create if it does not already exist.

Within the DriveIcons key create another sub-key called "<Driveletter>"

Hive:	HKEY_LOCAL_MACHINE
Key:	Software\Microsoft\Windows\CurrentVersion\Explorer\DriveIcons\<Driveletter> <Single driveletter of the drive concerned>, such as D or E Create if it does not already exist.

Within the drive letter key create another sub-key called "DefaultIcon"

Hive:	HKEY_LOCAL_MACHINE
Key:	Software\Microsoft\Windows\CurrentVersion\Explorer\DriveIcons\<Driveletter>
Name:	DefaultIcon
Type:	REG_SZ (String value)
Value:	c:\icons\myicons.dll,4 (example)
Name:	DefaultLabel Note: The "DefaultLabel" value only works with Windows 2000 and higher.
Type:	REG_SZ (String value)
Value:	My ZIP Drive

You may need to restart Windows for the change to take effect, or you can try and press F5 to refresh My Computer.