Some of my friends were very mush annoyed by seeing the useless recycle bin icon on their desktop which they use very less as they are used to shift delete thing on windows, same is the case with me.
One of my friend asked me some time back about, if it is possible to move the recycle bin on the system tray so that it can sit in the taskbar and no more occupies the icon space on the desktop. Moving the recycle bin really make sense for quicker access and to save some icon space on the desktop.
I found a free tiny tool which moves your recycle bin to your system tray, this little utility simply adds recycle bin in system tray in windows taskbar as shown in the image below
MiniBin is a small executable tool which shows the recycle bin just when you double click the exe file, we would recommend that you place this executable in windows startup if you want access recycle bin from system tray.
Now, you need to hide the desktop icon of recycle bin so it does not take up additional icon space on your desktop.
Here is the step by step procedure to show / hide recycle bin desktop icon in windows vista and xp