Editing Executable files

It can be done by a software called Resource hacker. It is a freeware utility. It runs on windows 2000 /xp/NT/vista. You can get it here.
Resource Hacker is a freeware utility to view, modify, rename, add, delete and extract resources in 32bit Windows executables and resource files (*.res). It incorporates an internal resource script compiler and decompiler and works on Win95, Win98, WinME, WinNT, Win2000 and WinXP operating systems.
Key features : Viewing Resources: Cursor, Icon, Bitmap, GIF, AVI, and JPG resource images can be viewed. WAV and MIDI audio resources can be played. Menus, Dialogs, MessageTables, StringTables, Accelerators, Delphi Forms, and VersionInfo resources can be viewed as decompiled resource scripts.