Now (in live 8 ) you can create folders inside the standard folders in the Device browser, so you can organise your presets better.
Also, any kind of Instrument preset can go into the Instrument Racks folder.
So I've just reorganised my entire collection of Instrument presets in a way that makes more sense.
Normally if you want to listen through some Bass Synth presets, you have to either use the search function (and "bass" needs to be in the preset name to show up) or you have to search through every instrument folder
plus the Instrument Racks folder.
So I've copied every instrument preset (leaving the originals where they are) into a folder that I can use to search for the sounds I'm after:
The folder as it sits in the Browser:
Folder contents:
Some of these folders have sub-folders, to keep things easy to search for what I'm looking for.
It took a couple hours, and I'll finetune it as I go. I also plan to be brutal in deleting lame sounds when they come up.
Another personal tip: for any preset that I've made myself I name it in CAPS - makes it easier to see my originals easily against all the factory presets and avoids having to make a separate folder them
Now don't forget kids, be careful when playing in the library! Probably best to copy your library first and try reorganising that. You can switch between libraries in the Preferences when you're finished