Why do people argue just for the sake for arguing?You can't remember that the update folder was called "update"?
.. Ok then
Yes, if for some reason in 5 year's time I need to change the folder back, there is a good chance I won't remember if the folder was called update or something else, or even what parent folder it was supposed to be in.
This is an easy way to tell if you ever have the need.
Also, what does it matter to you? Live your life, my friend.