I had the same problem, and I found it very annoying.
I've been searching the diamond and found some xml files in the following directory:
There are several xml-files, choose the one for your own language-country combination.
1) Make a backup of the xml-file
2) Clear the read-only and the system flags of the xml-file.
3) Change the value of the <IncludeUserFavorites> field to TRUE
4) Save and you are ready.
While you're there, you can also remove the <banner > field to get rid of the logo, and remove/change/add OperatorLinks ( e.g. the Search link)