If anyone would like to try this, here are the steps.

1. Create a folder on your desktop called "A", and put a file in it (just for visual identification)
2. Create a shortcut to that folder
3. Rename the folder "Ab"
4. Create a new folder named "A"

Now, when you open the shortcut it will go to the new "A", and not "Ab"

5. Rename "A" to "Ac"

Now, when you open the shortcut it goes to "Ab" (the original "A").

6. Rename "Ac" back to "A"

It still goes to "Ab" (the original "A"). Furthermore, if you move "Ab" to another folder, the shortcut can still find it.

So, it must be using something other than text to identify the folder. Or, does Windows have some history that it keeps so, if it can't find the folder by name, it attempts to find out where it went?

Basically, I am really hoping there is some unique folder identifier (other than text) that I can tap into. Anybody know?