In capturing a PC transplant Personality from a Windows 2000 client computer and restoring that personality to the newly imaged XP computer, upon inspection, it was found that the My Computer icon, and other commonly found shortcuts were also missing, such as My Documents, etc.
The nasty culprit here is the checkbox in the template creation that allows Active desktop settings to be captured. For some reason, when going between Windows 2000 and Windows XP, this causes that to happen.
Alas, simply unchecking the Active Desktop Settings capture item, and re-running the personality capture, gets the personality correctly assembled. Then the restores work just fine!