My preference is UltraEdit
Copy the windowsexplore.exe file to a new name (e.g. explorer_1.exe)
With the hex editor, open that file and go to offset 412b6
You will see the word start with blanks between each letter
Edit it be any 5 characters or less
Save the file
Boot to DOS
Copy the existing c:windowsexplorer.exe to explorer.org
Copy explorer_1.exe to explorer.exe
You will also need to replace the explorer.exe in the c:windowssystem32dllcache file as well with the new one.
Note: If the partition is NTFS and you cant access the files from DOS:
Start Regedit
Go to HKEY_LOCAL_MACHINE SOFTWARE Microsoft Windows NT CurrentVersion Winlogon.
Change the value of Shell from Explorer.exe to explorer_1.exe