Deleting browsing history one by one? (IE7)

I was wondering if there was a way to delete websites from my history individually. This is the list that gets saved everytime you type something into the url bar. I'm really annoyed at how my folder directories are also popping up in the bar, and it's pissing the hell out of me. Is there a way to disable those getting added to the address bar? If there is a way of deleting those individually, then please help me. The links to my folders make the drop-down look really ugly and disorganised.

I've censored some of the private stuff. Here's a SS if I didn't explain the situation well enough.

http://img391.imageshack.us/img391/5091/ieck2.png

PS. If you are going to come in and start on going about other browsers and how it has X features and it beats IE7 because it (insert reason here), then please do not bother, you are wasting everyone's time.

 

Pr0n on a family computer?
(BTW, u shud use ffox its rely gud n stuf nd itz wey betr then ie )

Start typing 'till the dropdown appears, highlight it with the arrow keys, then hit the delete key. Should work.

 

Need to do it in the registry:

Delete only one entry from Internet Explorer Address Bar (history)- Video Tip

 

Use Safari. It has a pr0n mode, which was probably one of Steve Job's ideas! FireFox 3 is cool too, though.