Allow Report Folder Hierarchy (folder in folder)

PuddinHead

I want to create a report folder and then put other folders inside of it. For example, I have a report folder for every year that tracks tax items, and other yearly summaries. I want to create a folder called "Archived Years", then move all but the two most recent year folders into that Archive folder. It would also be nice to be able to change the order of folders in the list. Very common feature in good software apps.