While this is helpful, what is *really* missing....
.... is the ability to color your folders in the folder list within outlook.
If you have hundreds of folders, many nested, being able to color the folder itself would go a long way towards making Outlook easier to use. Even better being able to play with the font would help too!
It is mind boggling to me that with all the bells and whistles Outlook has, all folders are the same color all the time (yes... I know I can fake them to bold if I like)