Also, if you share your circuits, and have installed third party libraries, it is *VERY* difficult to keep track of which parts are 'vanilla' LTSPICE and which are 3rd party. You then have the situation that no-one else can simulate your circuits until you tell them which extra libraries they need to install, or even worse, symbols are missing from the schematic.
If instead you put the 3rd party models and symbols in the same subfolder as the schematic, you can zip it up (pruning generated files) and share it in the knowledge that it will run on any recipient's LTSPICE. Unfortunately the discrete component browser only works on the lib\cmp\standard.* model files and LTSPICE's update process tends to strip comments and rearrange the component files' contents, so you cant simply add your third party libraries pick a model from the component browser lists and distinguish which ones need to be copied to the schematic folder so it can be a PITA creating portable LTSPICE schematics, as each model name (part num.) must be entered manually.