In order to remove shortcut arrow in vista there can be 2 ways to do it, either you apply the registry hack to do it or you can use the free utility called Vista Shortcut Overlay Remover which lets you remove the shortcut arrow very easily as compared to the registry hack and it is safe also. There is very simple registry trick behind removing the arrow from the shortcuts in windows vista, By following the procedure below you will be able to hide or remove the arrow displayed with the shortcuts in windows vista.
Method 1 : Step By Step Procedure : [ Registry Hack ]
If you want to remove the shortcut arrow with registry hack, read the method 1 here which involves the registry hack. Revert the procedure to get the arrow again on the shortcuts.If you have any problems in implementing it leave a comment here.
Method 2 : With Vista Shortcut Overlay Remover