> "folder portals renaming"
So yes, so long as you're not navigated to a subfolder, you can rename it just like any other group – click its title, and you should get an edit box. Any changes you make will stick, including through navigation. But yes caps-only changes will get wiped, unless you rename the actual folder.

> fold/obfuscation
Makes sense. Hopefully the improved titling on the links helps some, but yes unpacking the entirety of the menu onto the main level may be difficult to do without creating a mess. We'll consider for the longer-term