config.xml versus private settings file

[Major Hostility]

I'm wondering what the current recommendation is on whether to store settings in config.xml or in a private settings file. I saw some other threads on this issue, but didn't find a definitive answer.

My specific issue at the moment is that I want to add a "name" behavior for MVPs so users with multiple MVPs can give them distinctive names which could then be used by the tray icon.

One obvious place to put this would be something like <MVPName> within each <MAC-####> but I'm wondering how likely this is to get clobbered during an update.

Any suggestions?

[sub]

You can store you settings in the config.xml under the /settings/PluginSettings node if you need to. Dont store them outside of this.