Creating an internet shortcut in InstallShield is pretty easy.  Just go to the INI File Changes view and do the following things:

1. Right click "INI Files" and click "Add INI File".
2. Rename the INI file to be something, in this example we will name it "Wavepoint Studios.URL".  Make sure that you extension is uppercase URL.  Very important.
3. Click on "Wavepoint Studios.URL" and for the Target property, enter "[DesktopFolder]".
4. Right click "Wavepoint Studios.URL" and click "Add Section".
5. Rename the section "InternetShortcut".
6. Right click "InternetShortcut" and click "Add Keyword".
7. Rename the keyword to be "URL".
8. Click on "URL" and for the Data Value property, enter "http://www.wavepointstudios.net"

As you can see, an internet shortcut is just a file on the desktop with a .URL extension.  Whatever the name is, in our case "Wavepoint Studios", that will be the text under the shortcut.

You're probably wondering if you can specify an icon for the shortcut.  Well, yes you are supposed to be able to do that.  I have had mixed results doing it.  A page on Microsoft's website says that this was a bug with IE 7.0, and they have provided a hotfix.  But my impression was that the hotfix did not work in all cases.  If I get this part worked out, I'll outline the steps later on in another post.