Here’s another take on the folders: they can be part of a minimalist home screen setup.
NEXT AHEAD
Before anything else I am planning to implement the backup/restore functionality for both the Android Wear and the Home screen enhancement part of the app → a new screen will list all your clouds with multi selection check-boxes:
►Wear favorites + archive
►Wear contacts
►Homescreen bookmarks
►Live widgets
►Orphaned widgets
►Folders
You will be able to:
►Export selected to drive, dropbox, email etc
►Delete selected (this will replace the existing “Delete folders and orphans” button)

To import, we will be able to share the backed up clouds to bubble clouds. When importing, we should have the option of replacing or duplicating an existing cloud.

What do you think? What other bulk action can you think of? Should I make it possible to change cloud settings in bulk? Such as
►hiding the pencil
►freezing
►enabling animation or 
►changing the background color 
for selected clouds…

I guess we’ll see what’s possible or what is useful