this utility can help you:
http://www.baisoft.it/msnbackup_english.asp
it can backup all your emoticons, winks, display picture, backgrounds and even the dynamic pictures too.
The utility saves the backup on a folder you specify, after that you can copy that folder on a CD along with the utility so you can go to your new computer install the utility and use it to restore everything back to your WLM, all gets restore like you had it even the custom emoticons shorcuts you specified when you added or created a custom emoticon gets preserved.