It doesn't seem possible to get rid of the "My Folders" folder or move all of the folders contained within it to the directory that the "My Folders" folder is in. The "My Folders" folder is annoying, as it just adds an unnecessary step when one wants to open up one's bookmarks.

There is no "sort by name" option when right clicking on a bookmark. It is annoying not being able to have bookmarks in alphabetical order. What would be even better would be if the bookmarks were automatically put in alphabetical order!