Point is that it is null and void. If you read through our sticky topics you would see this:
Located in the Windows area. Which gives you a quick and easy way to backup your drivers. Yet again bypassing the need for such a folder. Wouldnt you know it, still works in Win7 as well. Personally tested it.
The Security Apps is not worth saving. Make sure you download the latest installer before you re-install. The updates to them are small and take less than a minute to get. Coming from someone who re-installs their system almost on a bi-weekly basis, i think i have a pretty good idea on which is the most effective method to getting your system back up and running.
I can format, install a OS and be operational with all of my main programs in just over a hour. It takes roughly 2 hours to have my system back to the state it was before the reinstall. Being a Beta tester has allowed me to figure out some of the best methods to backup for reinstalls.