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true. if you are in partitions and use multiple folders (inbound, outbound, events, etc) there would still be a lot of folders to update but not unmanageable.
If you use a "my" token, wont you need to update in each program. I have 100+ programs that contain auto response emails. Updating each would be a nightmare. A snippet used across all emails allows you to update one place.
I use snippets for the footer information now. This way I just update the one place and the date will cascade to the emails using it.