Moving Favorites Around

Description - I would love to be able to drag and drop the order of the items I have favorited within the respective groupings - projects, reports, templates, dasboards, etc.

Why is this feature important to you - I could keep the favorite items that I use most often at the top of the list sections

How would you like the feature to work - I would like to be able to drag and drop the order of the items in my favorites within their respective groupings. 

Current Behaviour - currently whatever I favorite last goes to the top of the list for the section it resides in.