Highlight the drive in Computer, then right click and "Create shortcut". That works in Vista - not certain though about Win7 because I do not currently have a running Win7 system to check it out.
My Computer
At a glance
Vista, Windows7, Mint Mate, Zorin, Windows 8from 1.6GHz Duo to i7
Computer Manufacturer/Model Number
HP, Dell, Gateway, Toshiba - 4 laptops and 2 desktops