I think Spit is correct that Poser will search the entire folder tree under 'Textures' to find a file. If it's not in the correct place, the search will take time. I'm a little surprised that this seems to be the most often requested feature. I often prefer putting textures in the same folder as the prop (and sometimes for figures as well. The "project" folder is a great idea. I wrote a small utility to list the texture references in xx2 files but I haven't added any editing capability. I've been too lazy to work out the variations on paths that use Poser's relative path : notation. I prefer the absolute Windows style paths and usually use them. My utility is rather slow and PC only. Hopefully Konan you can work on this idea, it seems popular and like some others, I won't be getting Poser 5 real soon.

"Democracy is a pathetic belief in the collective wisdom of individual ignorance." - H. L. Mencken