Hi Mate
As nice as it would be to have patch naming I find it unlikely that we will ever see this function added to the Time Factor. From what I have read on other posts it doesn't appear to be an easy thing to implement. You might be able to get a programable midi controller that displays the patch name.
I do hope to be proven wrong and it does happen. Patch naming can be done on units like the Line6 M9 where there is more room on the display. If the M9 had the same quality of tone as the Time Factor it would be the best stomp box delay unit on the market as the UI is definitely better.
Maybe one day there will be a Time Factor V3 in the works with a new LCD display, smaller power supply, better UI? 
It already has the best tone imho.
