Torch Project Management now keeps your uploaded and created files organized in Google Docs. Docs & spreadsheets are placed in a folder named after the particular project.
But Torch will maintain whatever organization you have already. If you create a folder named "budgets" (for instance) under an existing folder, Torch won't create a new one, it will use the existing folder.
QuickViews are also kept together, and this folder is shared between Heap and Torch, so you can quickly delete it when you no longer need the QuickViews.