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Its still like that, but you can just create a symbolic link to the folder outside. Dropbox will follow the link and sync the files.

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Dropbox does not cooperate well with symlinks. For instance, if you create a symlink in your Dropbox folder to My Documents on Windows, the Dropbox folder will duplicate the My Documents files. Takes up twice the space.

EDIT - great, I will give Dropbox another shot.

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