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Is there a way to add folders so that I can keep my feeds organized?

I signed in/up using Google, and it's busy importing my feeds right now, and they appear to be going into folders.

I don't see a way to arrange the folders though, which would be a big plus. If I can force an order through some naming convention that's OK too.

Just a follow-up. A day has passed and the import looks stalled. I'll keep checking for the next few days.

I'm going to be deploying this very soon.