WLM 2011 with Windows 10

I have been using WLM 2011 on W7 to handle my 3 accounts ... Outlook, Gmail and a POP3. I also have created many Storage Folders to which I move 'non-active' emails for retention and, where appropriate, for later deletion. Monthly a complete copy of all emails is copied to an ext hd.

Recently I updated my pc to W10 and WLM 2011 is functioning correctly.

I have not updated to WLM 2012 because I understand that I will loose all my settings with regard to Storage Folders ... is this correct? Also the new Windows 10 Mail is not suitable because you cannot create your own personalised Storage Folders ... is this correct?

Can you copy Windows 10 Mail emails to storage on an ext hd

Last question ... since I find WLM 2011 meets my needs will I be able to continue using it on W10 in view of the recent announcement from Outlook.com. I understand however that my Outlook.com account will have to be accessed direct and not via WLM.

Thanks Ron