[2008] Favourites Save and Name

Hi guys, I'm trying to save my favorites, I made a Listbox1 that contains the URL and that will record the URL when you click the add button, and that all works. The only problem is saving, whenever I close it, it won't save, Heres the code;

Code:

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Public Class favorites

    Private Sub btnAdd_Click(ByVal sender As System.Object, ByVal e As System.EventArgs) Handles btnAdd.Click
        My.Settings.FavList.Add(CType(Form1.TabControl1.SelectedTab.Controls.Item(0), WebBrowser).Url.ToString)
        ListBox1.Items.Add(CType(Form1.TabControl1.SelectedTab.Controls.Item(0), WebBrowser).Url.ToString)
        My.Settings.Save()
    End Sub

    Private Sub cbxFavourites_SelectedIndexChanged(ByVal sender As System.Object, ByVal e As System.EventArgs) Handles cbxFavourites.SelectedIndexChanged
        CType(Form1.TabControl1.SelectedTab.Controls.Item(0), WebBrowser).Navigate(cbxFavourites.SelectedItem.ToString)
    End Sub

    Private Sub favorites_FormClosing(ByVal sender As System.Object, ByVal e As System.Windows.Forms.FormClosingEventArgs) Handles MyBase.FormClosing
        My.Settings.Save()
    End Sub

    Private Sub ListBox1_SelectedIndexChanged(ByVal sender As System.Object, ByVal e As System.EventArgs) Handles ListBox1.SelectedIndexChanged
        CType(Form1.TabControl1.SelectedTab.Controls.Item(0), WebBrowser).Navigate(ListBox1.SelectedItem.ToString)
    End Sub

    Private Sub favorites_Load(ByVal sender As System.Object, ByVal e As System.EventArgs) Handles MyBase.Load
        My.Settings.Reload()
    End Sub
End Class

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Also I want to make a textbox that records what goes into it, and instead of showing the URL on the listbox I want it to the show the name they give it. Is this possible?