Moss How to remove My settings in Welcome Menu

1. Take a copy of Welcome.ascx file (under 12 hive\Template\ControlTemplates folder)
2. Rename it as CustWelcome.ascx
3. Find the tag with Personalization For Eg:

<SharePoint:MenuItemTemplate runat=”server” id=”ID_PersonalInformation”
     Text=”<%$Resources:wss,personalactions_personalinformation%>”
     Description=”<%$Resources:wss,personalactions_personalinformationdescription%>”
     MenuGroupId=”100″
     Sequence=”100″
     ImageUrl=”/_layouts/images/menuprofile.gif”
     UseShortId=”true”
     Visible=”true”
     />
Change the Visible to false (if visible is missing add it and set it as false)

<SharePoint:MenuItemTemplate runat=”server” id=”ID_PersonalInformation”
     Text=”<%$Resources:wss,personalactions_personalinformation%>”
     Description=”<%$Resources:wss,personalactions_personalinformationdescription%>”
     MenuGroupId=”100″
     Sequence=”100″
     ImageUrl=”/_layouts/images/menuprofile.gif”
     UseShortId=”true”
     Visible=”false”
     />

Now go to the master page and change the reference from welcome.ascx file to CustWelcome.ascx

http://ganpages.wordpress.com/2009/12/07/moss-2007-hide-my-settings-menu-item/