I assume this is an ICS sandwhich issue, but I have noticed that when I attempt to move an e-mail to a particular folder form the Inbox to a subfolder it is not showing the higher level folder. For example I have a folder named saved with quite a few sub folders but when i select the message and move it is only showing the sub folders and not the upper level saved folder. It seems to me that it is showing all of the folders listed at one level and not in a tree format like my Droid X did with Gingerbread.
I have discovered that if I browse the folders they show up in tree format, this issue only occurs if you try to move a message.
Am I missing a stetting or something else here? As you can imagine it is very difficult to manage emails when the folders are not listed in tree format.