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I don't think it is even fully implemented in v2.


From my page, under "FID Subdirectories":

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When the player was still at version 1.0, the FID files were all in the same directory (except when they were on separate disks, of course). As the number of files in a directory increases, the performance worsens.

At some point in the v2.0 beta releases, the player began supporting a slightly different layout for these two directories. In order to improve performance, the files can now be put into subdirectories.

...

This new layout is supported by the v2.0 players when looking for files, but when writing them, it uses the old, v1.0-compatible layout.

In v3.0, it writes the files to the new layout, but supports the old layout, to ensure that it works on players still using the old layout.
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-- roger