Adobe Photoshop CS4
PDF (adobe.com)
Workspace
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Panels and menus
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Working with pop‑up panels
Rename or delete an item in a pop‑up panel
Select an item, click the triangle in the upper right corner of the pop‑up panel, and choose one of the following:
Rename Tool Preset
Lets you enter a new name for the item.
Delete Tool Preset
Deletes an item in the pop‑up panel.
Note:
You can also delete an item in a pop‑up panel by holding down Alt (Windows) or Option (Mac OS) and clicking the item.