Changing the desktop icon spacing and cursor blinking rate in Windows 95

... is as easy as pie:

*** NOTE: BEFORE EDITING THE REGISTRY, MAKE SURE TO BACKUP THE WINDOWS
    95 SYSTEM FILES: SYSTEM.DAT, SYSTEM.DA0, USER.DAT AND USER.DA0!!!
    BEST TO USE WINDOWS 95'S OWN BACKUP UTILITY: CHECK THE "BACKUP
    SYSTEM" FEATURE!

1. To change the cursor blinking rate to NON BLINKING:
open the Registry (left click REGEDIT.EXE in Explorer, found in your
Windows 95 folder, typicaly C:\WINDOWS), left click 'Edit', left click
'Find', type in the "Find what" box:
CursorBlinkRate
(found in the left column), change numeric value to "-1" and close
Win95 registry.

2. To adjust (decrease) the vertical spacing between the desktop icons,
open the Registry (left click REGEDIT.EXE in Explorer, found in your
Windows 95 folder, typicaly C:\WINDOWS), left click 'Edit', left click
'Find', type in the "Find what" box:
WindowMetrics
look for "IconSpacingFactor" (found in the left column), change numeric
value to "100" (or something that suits you: 900-16) and close Win95
registry.
You will have to restart Win95 and "play" with changing this value until
you find the perfect one for your desktop.