Doesn't Skype Support Grouping Contacts?

Doesn't Skype Support Grouping Contacts? The only groups Skype seems to support is starting a group conversation. Can't I pre-define groups like in MSN, etc? It's getting hard to find people all in a big list, I want to separate personal and work contacts and so on.
Asked by: Guest \| Views: 140

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Guest [Entry]

I am using version 2.8.0.722 and I can easily create any group I want by right-clicking in the middle of the contact list and selecting Add to Group > Create New Group.