Disable System Alert Beep in Windows

One of the most annoying things on my Dell Latitude D620 laptop is the system alert beep being extremely loud with no respect to my current volume settings. On the surface, there's no easy way to disable that feature as it's not part of the sound scheme of my profile.

A little searching on Google got me to this page. Step by step on how to do it within Microsoft Vista. For XP, I'm not certain if you can perform the same steps. However, I do know you can go into the registry and disable it that way. I do not recommend that for average computer users, so perform those steps with caution.