I’m responding just to offer probably a completely contrary response. I loath “favorites”, labels or any attempt to “systematically” categorize my images. Primary reason I have no interest in LR. I don’t want Adobe cataloging my images; RAW or processed.
My workflow, I have a RAW folder where my images are downloaded from the camera. I cull and review and any image I decide to work on, I put in a subfolder called PSD. Only files that I like and want to work on that I think have potential go in this folder. If I have a PSD file that is worthy and I create a print or web image from the master PSD, I save in a Web or Print folder. No labels, no stars
or Favorites tags… nothing… When I come back from a trip and I have 800 RAW files… sorry… I have no interest in labeling, starring or ranking. Not going to rank something that’s going in the round file.
Funny, back in the film days, I used to track my success rate on a roll of film. IE, how may shots were worth keeping out of a roll of 36… So I kinda did that back in the film days… but with the switch to digital, the volume compared to just 36 images in a roll of film… the volume of images just didn’t make sense to try and evaluate/lable/tag RAW images.
So now with digital, once I have files that I think are worth processing, and subsequently create jpgs or tifs for print, I most certainly make use of the Metadata templates to populate keywords and camera exif info.
The downside to my system is that I can’t sort my large portfolio with location, favorites, ranks or any other variable other than keywords - but those have only been applied to images I’ve worked on. But I have no desire to touch or action hundreds, or thousands or RAW images and tag them with ranking, labels or anything else. I can however, very specifically sort and find images via “keywords” that I have applied to images that I actually processed.
I store my images and catalogue them chonologically and by date. For example, I have a RAW folder for 2023, and then Sub-folders for example Yosemite_1105203.
I think it’s safe to say that for most of us, we only process a very small fraction of the RAW images we actually capture with the camera. Not interested in cataloging those RAW files that I’ll never use.
Just my .02. But I don’t have a desire to cull, lable or otherwise tag images that will never see the light of day.