If You Don't Like The Recyle Bin On Your Desktop Or If you don't use the Recycle Bin to store deleted files , you can get rid of its desktop icon all together.
Run Regedit and go to:
HKEY_LOCAL_MACHINE/SOFTWARE/Microsoft/Windows/
CurrentVersion/explorer/Desktop/NameSpace
Click on the "Recycle Bin" string in the right hand pane. Hit Del, click OK.
It Can Not Be Found There.