Here are a couple of interesting KBs that have come out or been updated recently:
KB.884863 (http://support.microsoft.com/kb/884863) – “Update to Exchange 2000 Server adds application event logging for deletion of public folders”
An additional feature that is related to public folder diagnostics logging is now available for Microsoft Exchange 2000 Server. When you use this new functionality, an event is generated in the Event Viewer Application log when a user deletes an Exchange 2000 public folder. If the Public Folders General category is set to Medium logging or higher, an event that similar to the following will be logged when a user deletes a public folder in Microsoft Exchange 2000 Server: