The sight name field allows you to identify the sight and its setup. The setup associated with the sight includes all geometry, weight, reverse-ballistics data and the tape format.
So, for example if you wish to save two tape formats, you can save them as different sight names. (However, remember that the sight tape also depends on the arrow mass and drag coefficient, so the arrow needs to be setup appropriately).
See the Kit Name information for more details on how named kit components are managed.
A record with the current arrow is created and linked to the current kit. The original record is retained but the current kit's post-fix identifier (i.e. the part in square brackets) is removed from its name.
Simply renames the record as expected. Note that attempting to edit any kit identifier is ignored. The kit identifier can only be changed from the Archer panel, and then only if the kit is the active. Such a change is then applied to all components belonging to the original kit.
Deletes a selected record. The current component's record can not be deleted.
Deleting records can have unintended consequences. Inactive records are simply deleted, even if used in other inactive kits. The result is that when the other kit is loaded and it cannot find the record you have deleted, it will load a generic component and probably all its sub-components will be generic as well.