No Donny you can not do exactly as you asked. You will not get each song to show in he playlist...ONLY the folder name, that's why we make a folder for each song...

The key is this, I WANT multiple registrations for EACH song....And most everyone else does too.
So I setup a folder (registration bank to be specific) for, let's say Memory from Cats, I have 4 registrations I use for that song, (for different parts of the song) works great! Yamaha designed it so we can use 1 or up to 8 registrations per SONG.

IF you do it the way you asked, you will only see the individual registration names (songs in your example) by looking at the registrations edit screen once you call up the registration bank(folder)...
Hope that makes sense to you...