Ableton Collections

Discovered a new thing this morning in Ableton. Collections.

So when I hovered aroudn the word, a little 'edit' button became visible.

Of course I clicked it.
This lead me to a series of colors, that I enabled.

I then surfed around to a plugin, and was able to add a color to it by right clicking on that plugin. I went back, and right click on the color, or 'Ctrl + R' let me rename it.