Under XP (and further versions ?) it seems to be a sort of browser history for the System, it seems to be harmless to clear it. Why not doing this ?
I do not understand though what it is used for. Internet browsing activity is not each time associated with changes of the files in it. But most of the time a session ends with a new file.
Yes, so I wanted to point out that it is dangerous to make believe the people that we can easily clean all traces, as the reality is all different !
First we had the problem of the PrivacIE index.dat I had posted %appdata%\Microsoft\Windows\PrivacIE\index.dat
and recently I discovered 3 problems :
> this cryptURLcache
> 2 other doubtful items with Firefox : \%profilefolder\storage\default\ and \%profilefolder\storage\temporary\ content twitter items among others
> one I had just discover because it stops last version Adlice Roguekiller's filescan : C:\Documents and Settings\%user%\Application Data\Microsoft\Office\Recents