What is the purpose of ~/Library/Favorites?
With Mountain Lion, what is the purpose of the (empty) Favorites folder in my Library? In the past there was a Favorites on the Finder Go menu, with shortcut shift-cmd-F, but that has been replaced by All My Files. I suppose I could put folders and files in it, then drag it to the sidebar and/or dock, but I could do that with any folder I create. Is there anything at all in the system that uses the Favorites folder? (For most situations in which I want favorites I use Default Folder X, but I recently thought of some things I wanted to do that I used to do the favorites feature of Unsanity's Fruit Menu and I stumbled on the Favorites folder.)
MacBook Pro (15-inch Mid 2012), OS X Mountain Lion (10.8.4), Hi-Res ANTI-GLARE wide screen