In my experience, generally yes - but not in every case. In particular, I have found problems with some Justflight aircraft add-ons (specifically the Arrow, Warrior and Hawk) where I changed the folder name to include the version numbers to help keep track of whch updates I’d downloaded. This worked fine and the plane loaded up OK, but something in the Justflight coding decided that, with a different folder name, my purchases were not properly licenced and the planes were inoperational. Change the name back and all was working again.
A much easier solution though is to use an add-on linker, such as
With this you can put your add-ons into folders wherever you like - call them anything, arrange them into groups how you like, by region, type etc and then just create a link from the actual folder into the community folder.
Really flexible and also means you can turn off/on add-ons with simple tick boxes.