i believe it does nothing .... i always delete that thing after i'm done installing office (97, 2000)
so go ahead and move that thing out ...
-984-
edit: went to
mskb, it says the startup is there to improve performance (faster loading, etc)
i personally say it's there to use up resources and put junks you won't be using into memory, just like msie is started with windows, etc ....
but i think i like
jfunk's answer better

...
