I got used network card for my old computer, it’s enough to do more experiment with ‘real network adapter’ thats way I need to uninstall/remove my loopback adapter. My frist thought about removing microsoft loopback adapter is from control panel till I realize it’s behaves like real network adapter. To remove it off course via hardware menu.
Here’s step by step removing process Microsoft loopback adapter in my windows xp :
1. Open My Computer

2. Right Click on My Computer, followed by click Properties

3. By default General Tab displayed

4. Click on Hardware Tab -> Device Manager

5. Click + near Network Adapters

6. Click On Microsoft Loopback Adapter, followed by click delete button

7. Confirmation pop up, choose OK

Done, uninstall process successfully accomplished
Thanks for the information, its was helpful for me.
Also looking for more contribution.