does this matter or not?

[LynnMar]

 I was reading some posts the other day about clearing out your cash and your saved sims folder and I got to looking and I don't have a saved sims folder.  My games still works but I don't know if it deleted itself or it didn't make one that last time I reinstalled which was several months ago.  I remember I had one at one time but I never did use it. What is it for anyway?   

[Marvin Kosh]

It holds any Sims or clothes which you made in BodyShop, as far as I know.

[morriganrant]

Saved Sims has sims that you may have downloaded and any items that they may have come with. Clean installer doesn't always install Sims2pack sims to the Saved sims folder and you may just end up with the files in your downloads folder instead. Or if you've never downloaded anyone else's sims, or made any in bodyshop to import into game later, you may not have that folder.