Each disk of your computer has its own compressed old files, which are stored in some portion of it and which gets accumulated day by day.
For deleting them from your hard disks so as to free the space, u can use the disk cleanup application.
On the hard drive with uncompressed files.
it might increase the speed of the computer by a little. It is hardly noticable, but you would want to see what files are compressed.
Any folder location Text Colour is blue = Compressed file or folder
compressed
WinZip extracts files compressed in .zip or .rar format.
Compress old files means that some files the windows system thinks you havnt accessed for a while (such as files in 'program files' or 'WINDOWS') gets compressed. this will not move the files to a 'zip' or '7zip' files. itll just be compressed in the folder it was in!!!!!!
Yes,there is a possiblity to rename a compressed folder
Most downloadable files on the internet are compressed so that they are smaller in size and therefore be downloaded quicker.
Compressed files are often named colloquially after the software used to consolidate them. Common names include Rars, and Winzips for these file archives.
zipped
because it wants to ;)
yes