I added my own suggestion and then saw Andrew's suggestion here.  This change/addition would be wonderful.  Right now I would like to use Flaunt for my portfolio galleries (moving to a blogsite) as well as my client galleries.  Since I want more extensive watermarking on my client galleries, I won't be able to use the auto watermarking and still have to do it pre-loading them into sets.  So happy this is marked as planned - I hope it is soon!  Thank you for taking suggestions.