The Feature Palette window gives you quick access to the parts and library features you use most often.
The Feature Palette window has several default folders. Each folder contains a group of palette items, displayed as thumbnail graphics. Palette items can include parts (.sldprt files), sheet metal forming tools (.sldprt files), and library features (.sldlfp files).
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Feature Palette initial State
Feature Palette Default Directories
Graphical Choices for Dragging and Dropping