I believe if you're using IE, you can just paste the link, highlight it, and start typing what you want... I use safari, and the easiest way i've found is to paste it, save it, edit it, and change the title.
"What, exactly, is the internet? Basically it is a global network exchanging digitized data in such a way that any computer, anywhere, that is equipped with a device called a 'modem', can make a noise like a duck choking on a kazoo." - Dave Barry