Yes, but AFAIK that only renames the "current directory", not further up. I'm sorry I wasn't clear: The behaviour I'm describing happens when using the Converter > Tag - Filename technique as shown here for example: Renaming files, creating folders and complete directory structures from tags
Here's a simplistic example:
Consider the following directory structure and files:
If you do Converter > Tag - Filename with the following string: %artist% SPAM\%album%\%title%
Your directory structure will now look like this:
Notice all the non-music files were left behind? That's because the directory is not actually renamed as the FAQ suggests -- a new directory is created and only music files are moved to it.
To put my original request another way: Please warn people they will orphan any ancilliary files if they use the Converter > Tag - Filename technique. The FAQ is not clear enough at the moment in my opinion.