You can add a folder with a bus to another folder. then put the effect on the folder and not an effect channel.

babulmukherjee wroteI would LOVE to be able to group/folder my FX channels and expand/collapse FX groups (delays, reverbs, etc). Is there a way to accomplish this in v6.0.1?

Here's steps and screenshots to do what your asking...

Steps to add "Reverbs" FX...

1. Add a "Reverbs" folder track.
2. Add a "Plate" FX channel and insert a Plate reverb.
3. Add a "Room" FX channel and insert a Room reverb.
4. Select both FX channels and "Add Bus for Selected Channels" and name it "Reverbs".
5. Assign the "Reverbs" folder track to the "Reverbs" bus.
6. Right click individually on each FX fader and select "Edit Automation Volume".
(This adds automation for each FX that now appears under the "Reverbs" folder track.
7. Drag and drop each automation track to the "Reverbs" Folder track.
( You now should be able to open and close it)

Repeat the steps to add "Delays" FX.

Screenshots:

Great ideas here!

Thanks so much Trucky for the detailed walkthrough! It's exactly what I was looking for - I'll give it a try this weekend.