RENAME RECYCLE BIN TO WHATEVER YOU WANT..♥♥♥

1. Start, Run, 'Regedit'.


2. Double Click on  HKEY_CLASSES_ROOT


3. Look for "CLSID" or else Press CTRL+F and
search for CLSID


4. Now Look for  {645FF040-5081-101B-9F08-00AA002F954E}


5. Under this u can find a key named  LOCALIZED STRING 

6. Double click it and under value data delete the default value and change to whatever you want!
thats it ..now save and close registry editor..

7. Now refresh desktop...enjoy.........♣♥♥

Note: As a good practice, always backup your registry before changing anything although changing 'Recycle Bin' name is a simple tweak and doesnt affect anything else.