I have a program called ACDSee 32, its a mainly a picture viewer program, its default settings are similar to when you open Windows Explorer to manage your files, only there's a preview window that shows the image of the currently highlighted picture file. So you can look at pics without having to open an art program. Non-picture files like videos, PDFs, Word Files, etc. can still be seen on the list, and you can set up shell commands in the ACDSee program so that it will open the appropriate program (Windows Media Player, Adobe Acrobat, Microsoft Word, etc.) and the file, just like it would when using Windows Explorer.
The key thing is IT HAS THE FEATURE YOUR LOOKING FOR.
There is a command on its "Tools" menu tab called "Generate File Listing" that will create a list of the names for all the files and subfolders in the current active folder. It will automatically open a new window with Notepad (the basic accessory program that comes with Windows) and generate the list. It's based on the columns selected in ACDSee for "Details" view, so it can also list the file size, image properties, etc. along with the name. The file can be saved in Notepad as the basic ".txt" file or you can highlight it all copy it to the clipboard (CTRL+C) and then paste it in more advanced word processing programs like Wordpad or Microsoft Word to alter fonts, edit appearances, and save as more complex file types. The cool thing is that you don't have to type anything (except for the name of the new text file for the list =P ...or if you wanted to tweak things) and all you have to do in order to update your list of files is go into the folder again the next time you use ACDSee and hit CTRL+G (that's the short cut "hotkey") to generate a new list with all the new file names and data... *POOF!* an updated list.
There's a slight drawback... the program is pretty old (about 6 years or so) and I don't know if the current versions still have this ability. I now it will work on Windows XP Home Edition, but I don't know if it will work on any of the newer versions of Windows. You could check out the free trial software here:
http://www.acdsee.com/
I haven't checked out the trial program, because 1) I like the old version I have (I'm use to it) and 2) I got too much stuff on my computer to add another program.
You might be able to get a hold of a free copy of the same (old) ACDSee 32 that I have through another file sharing sight. I haven't decided to enable email contact through Yahoo Answers, right now I just don't like giving out my email. If the new trial version for ACDSee 9 doesn't have the "Generate List" feature and you can't get a copy of ACDSee 32 (or find a different program) after a month or so... drop a note for me on this question using the "Add Comments" option and (if your comfortable with it) put your email down. I'll dig up the disk that has the program on it and see if I can make a working copy that will extract from a WinRAR file, then email it to you.