Perhaps these links will help you customize your context menu just the way you wish to:
Customize the Right Click Menu in Windows 7 - Make Tech Easier Edit Context Menu Items In Windows 7 & Vista – from the WinVista Club site
FileMenu Tools allows you to customize the context Menu of Windows Explorer, including:
Add some built-in utilities that perform operations on files and folders.
Add customized commands which run external applications, copy or move to a specific folder, or delete specific file types.
Configure the "Send to..." sub-menu.
Enable or disable commands which are added by other applications to the context menu.