mmc panel
You know I am not sure about home edition, but in Pro you can go to Start>run and type in "mmc" Microsoft management Console.
Then once you are in you click on "File>Add/Remove Snap-in" then "Add" Then you look for "Group Policy" and add, Finish, Close, OK.
This lets you manipulate local policies on the PC. Again this is a Windows XP PRO and 2000 thing. I am not sure if Home has the same settings.