Ok, I've got it. This is working fine now.
After a logout, my Icon is back! 
Create a new empty link to an application.
*Note, the install was originally done with
MiniMe 2009.1, so this would be the fix.
Edit the contents with Kwrite and replace with the below and save as
Install Wizard.desktop
[Desktop Entry]
Comment=
Comment[en_US]=
Encoding=UTF-8
Exec=/usr/sbin/draklive-install
GenericName=
GenericName[en_US]=
Icon=/usr/share/icons/draklive-install.png
MimeType=
Name=Install PCLinuxOS
Name[en_US]=Install PCLinuxOS
Path=
StartupNotify=true
Terminal=false
TerminalOptions=
Type=Application
X-DCOP-ServiceType=
X-KDE-SubstituteUID=false
X-KDE-Username=