believe it or not, I've had my LS directory structure setup this way b4 OTS2 even came out. I guess it's just the fact that I hate the idea of having multiple copies of the same file, so everytime I get a new theme, I dump all the modules into my LSdir\modules folder and edit the step.rc file to use the new path.

So, for me when OTS2 came out, I thought it was just a brilliant idea, because now everything seemed more flexible and even more tightly integrated. Just my $0.02