Tried to find another, more direct way in which to open and finalize draft e-mails, an approach described in >>http://answers.microsoft.com/en-us/windowslive/forum/livemail-files/missing-2-saved-folders-in-windows-live-mail/0dc83d43-b233-4e78-93a8-255bccdec633<<  

1. Folder display options were setup with the selections required, and

then Windows Explorer was reopened, per those instructions and I navigated 

"

C:Usersyour nameAppDataLocalMicrosoftWindows Live Mail

    (Where 'your name' is the name of the account that you use to logon to Windows 7) 

2.  From there I "... saw all of the WLM storage folders. Each email account will have its own group of folders. 

c. Any general storage folders that you created will under the main Storage Folder item. 

3. Make a copy of the Windows Live Mail folders previous version. 

a. Right click the Windows Live Mail folder and select Properties / Previous Versions Tab. 

b. After the list populates, select a version of the folder with a date and time prior to when the folders were deleted. 

There was/were no Windows Love Mail Folder(s) previous version, and there were no files in the DRAFT or the SENT folders no matter which option under Properties was chosen, and no previous version objects could be located (because this is the recent, original installation and setup?

However when I opened the Main Windows Live Mail Window, then clicking on "Draft" and "Sent" files were displayed and could be retrieved.

So that is the only way to do it, no direct shortcut I could build or make?  BTW only the WLM 2012 files were ever setup, and only once

Thanks