I don't know if I like live folders or not. I like the look, but since switching on 'Use More Tiles' on my 920 and getting used to the fingertip-size tiles, I'm able to fit everything I use frequently on my screen without scrolling to see more. The only tiles that are larger are those that flash news and weather.
At this point, I know where everything is and it's all a single tap away... I do have App Folder installed and have everything organized there by category if I'm looking for cooking apps, photo apps (way too many of those), news apps, etc.
Frankly, the thought of using folders to stash apps reminds me of Windows 3.1...