What differentiates MetaVis Folders functionality from the native SharePoint 2010 Location Based Metadata Defaults?

SharePoint Server 2010 has a feature called Location Based Metadata Defaults. You can read about it here:

http://msdn.microsoft.com/en-us/library/ee557925.aspx

It allows to specify different default values for different folders in the same library in the same way as you would specify default field values for the whole library.

However this method has its limitations for certain situations. We have a product called MetaVis Folders that enables similar functionality but for wider range of objects and situations. Specifically, MetaVis Folders:

1. Works with SharePoint Foundation 2010, not just Server 2010.

2. Makes new folders, non-document items and document sets also inherit default values from folders. Native functionality supports only documents

3. Works for new documents created in any MS Office version. Native functionality works only for documents that are uploaded to SharePoint or to new documents created using MS Office 2010 only.

4. Changes field values for all content inside a folder when you edit the folder metadata. So it not just provides default values for fields but it can also enforce certain field schedma in folder hierarchies

5. Works with SharePoint 2007 (WSS or MOSS) providing consistent metadata mechanizm for all all SharePoint versions in the organization in case upgrade it not feasible for some of them.