Customize "Downloads" folder path

In Win-XP Internet Explorer "Downloads" folder path could be set in ...

HKEY_CURRENT_USER\Software\Microsoft\Internet Explorer
Name:= Download Directory
Data:= <my preferred path>

I do not use Internet Explorer, but occasionally some downloads do not give me any option where to download to.
Nor do I use MS default Downloads folder at all.
What/where can I tweak the registry in Win-7 ?

Key-Path ?
Name ?
Type ?
Data ?

Win-7 registry is not the same as Win-XP

The Tutorial Below should be of some help .. If you use Chrome it is at the bottom of the Tutorial ..


Internet Explorer - Change Default Download Location

Thanks Maxie :)
The link to Internet Explorer - Change Default Download Location was just what I needed

Most welcome glad you got the issue sorted :)