Yes u can rename recycle bin by registry hack,its easy it win98,its possible in win xp but it will rename itself back to recycle bin
FORWINXP
HKEY_USERS\S-1-5-21-1757981266-152049171-1417001333-1003\Software\Microsoft\Windows\ShellNoRoam\MUICac he
on the right hand side select @C:\WINDOWS\system32\SHELL32.dll,-8964
and change its value from recycle bin(default) to any name
For win98,its lot easier and more permanent,but,unfortunately i left win98 long time back am not able to recall the registry hack,so best way it to use the find option.Am dead sure the value resides in HKEY_CLASSES_ROOT>CLSID>some key starting with number 64
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