There is one more step ahead of Forms with Folder structure; Forms with Spread Table structure.
It provides much more flexibility than ever and enables functional consultants to manage forms effectively. A short list of what you can do with Spread Table structered Forms:
Changing fetch size,
Adding column from database object,
Alignments,
Changing format masks,
Query validation and permission for columns etc.
Unfortunately in R12.1.1 still it is not common for every module (usually used in CRM applications), in Inventory application only "Onhand Quantities" form use this structure. Also Oracle says that it is not supported to develop new custom forms using the spreadtable interface.
To use the functionality following path can be used: CRM Administrator> Spreadtable> Metadata Administration