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If you download presets from a 'Factor they will not have any names, as the pedals do not currently support named presets.
FactorLib does support names, because we hope to support preset naming at some time in the future (note – this is a hope, not a promise).
So, you can add/change names for your own amusement, but they will not currently be sent to the pedal, Which also means that they will not be returned by the pedal.
Even though the pedals do not currently support the names, we think it useful that the Librarian does.