Using classic Outlook for Windows in business environments
Well, I believe I have a found a solution, although I admit I'm a little embarrassed by my own ignorance.
While the ODT install was installing the new Outlook along with Word, Excel & Powerpoint, after the install, I noticed if I pull up Outlook in the Start Menu that a UNINSTALL option is available (unlike in the Control Panel). Removing this also removes the Microsoft Outlook folder from the Registry, and I have yet to see it re-created. (see my screenshot below)
I think we are good for now - I again thank you so much for sticking with me!