Thanks for the reply Bob. You know, I actually tried that last night and the shared drive icon moved to the login folder but did not connect upon re-boot. I'll try again when I get home.
I just found this reply to your link:
Authored by: zedwards on Wed, Sep 11 '02 at 11:51AM
I tried this AND by adding the Favorite link to the login items and it does not work. "The operation could not be completed because no application was found to open the Internet location file '192.168.1.1"
If you drag the icon from the finder, you are just draging a link, so that would not work anyways because it becomes dead once you unmount it.