Download Lovely  Folders 3.0.
Lovely Folders is a powerful utility to customize your Windows folders. Using this handy  program you can replace the standard folder icon for individual folders with any  eye-catching icon you wish, chosen from hundreds of built-in colorful icons or  generated automatically by internal IconConverter depending on the content of a  folder (music, video, images, etc.). Moreover, Lovely Folders can change folder  background! Your individual folders now may have a background image - just like  your desktop. 
Lovely Folders  allows you to:
Apply different icons to individual folders in a few mouse clicks
Put any picture as a wallpaper to a folder  
Set an info tip for a folder
Replace the  system-defined standard folder icon, which is used by Windows to display each  folder on your computer
Extract icons from icon files (ICO), icon libraries (ICL) and icon resources  (EXE, DLL, CPL, SCR, OCX etc.) 
Search for icons  on your computer
Copy icon to the current folder to make your folder icons independent from icon  source files 
Add your favorite icons to the user icon list to access them faster
Powerful features:
Supports  ALL sizes (up to 128x128) and ALL color depths (mono, 16 colors, 256 colors,  True-color and Windows XP 32-bit with alpha channel) of the icons
Supports the following icon resources formats: Icon files (ICO), Icon Libraries  (ICL), Icon Resources (EXE, DLL, CPL, SCR, OCX etc.)
Supports JPEG, GIF images and bitmaps (BMP) as folder background
Lovely Folders automatically determines the content of a folder and recommends  the most suitable icons for this folder
Built-in icon converter - simple and fast way to generate folder-look icons 
Lovely  Folders includes an icon pack with the highest quality icons
Easy updating procedure for the icon sets - simple download and install new icon  packs with the highest quality icons 
Full integration with Windows Explorer (you can launch Lovely Folders using right-click popup menu)
Supports drag-and-drop (you can drag any file or a folder into the "Change icon" window)
Multilingual interface
Easy to use Read more!