The folder view/collection view being discussed here is one that I wrestle with daily, I usually have 5 or 6 books on the go at same time that I like to dip in and out of depending on my mood that day; I therefore use the favourites list in collection view to keep track of what I'm currently reading. But, when starting a new book and adding it as a favourite, I need to switch to folder view and find it, open it, switch back to collection then go to it in the recent books and favourite it. It's not the end of the world but it's more time consuming than I'd like.
Incidentally, I had a non HD story before this and it dealt with the recent books list in a much more user friendly way.
I might give the bookmarks method a try. Thanks for the tip.