Is it possible to name each bag a different name, or to add custom colors instead of the default color of the bag? This would certainly make it easier to allocate items. Maybe theres an addon out there I dont know about. Thanks.

I'd suggest you look at bagnon. Item borders are colored according to the item quality and by clicking in the title bar you can search for item names or categories (food, etc).

As far as I remember there is a bagmod on ctmod.net that allows renaming the bags.

Cheers,
IRID1UM

I LOVE the bagnon addon makes all your bags into one bag easier to sort, the colored bored and the search feature also being able to check what you have on your alts and in your bank from anywhere on any character

Also if you do the show bags option to bagnon, when you mouse over the bag, it highlights in your inventory what items happen to be in thag bag you are currently mousing over.

Thanks guys. I'll check it out.