Currently it's painful to edit a picklist in the stored subset editor, requiring careful use of the ctrl key etc to not lose the initial selection. If the picklist editor could function like the element selector in the Edit View/Paste View selecto...
In File Manager you can currently add Tags, Description and an Icon
You could create a std report in report manager that would enable you to search on Tags and would list any report you have access to.
While right now you can approximate this...
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Future Consideration