New Favorites Panel now has the ability to organize paths in groups. You can create multiple groups based on your projects and collapse any group you are not using at a time. Paths can be dragged between groups.

Favorites Panel does not have “Special Folders” any more. If you liked that section you can always create new Favorites Group with that name and add whatever you want there.

Visual representation of the path has been also changed. Now it displays mid-shortened path instead of just drive and corresponding number of path separators before the folder name. To make folder visually distinguishable from the path, the path is shown in “light” font.

Most requested feature is ability to add aliases to favorites. After setting an alias the favorite will be shown in bold font.