[released] Text wrapping for icon labels?

The placement of this option in the TLB Settings does not make sense. Checking the box "Menu items label word wrap" does not apply to any Menu; no menus are changed. This option applies to the Toolbar, because it makes the toolbar look different. This option should be in TLB Settings under Toolbar/General.

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When I change to wrap text labels, it inserts a significant vertical space between each of my folders shown in the toolbar. This uses up too much space and appears to be not necessary.