I am using vista. I have gone to the c drive>users>favorites (i am the only user) however the favorites in there appear to be folders which i have previously deleted from the web browser - and some folders which dont appear which i have added to the vista web browser.
might there be another favorites folder somewhere!?
For IE the favorites should be kept in the folder that you have found. If however you are using a different browser eg Firefox or Chrome then their favorites/bookmarks are kept in a different location.