I'm glad someone figured out how to do this. I used to love running the Quick Launch Bar along the right side of my screen in Windows XP. If you are running a Vista machine then you might know that Microsoft Vista prevents you from just dragging the Quick Launch off the Taskbar. As Microsoft starts making the "Start Bar" more and more useless, its nice to have a bar of 10 to 15 shortcuts at your finger tips without going to the Start Button. By putting the Quick Launch on the right-hand side of your screen, you are keeping it closer to other window controls (min, max, close) which will reduce your mouse movements.
Vista: Move Quick Launch to Side of Screen tutorial video
Update: I've gotten word that this hack does not work in Windows 7. In addition Windows 7 removes the option to go back to the classic start menu. lame.