St. Clair Software today announced the availability of Default Folder X 4.0.3, which adds productivity-enhancing features and some significant compatibility fixes to their award-winning utility for enhancing Open and Save dialogs. Version X 4.0.3 offers a new contextual menu that enables you to rename, compress, or delete files and folders directly from within Open and Save dialogs. Saving a compressed copy of a file before replacing it with a new version is now as easy as control-clicking on the old one and choosing “Create zip Archive” in the Save As dialog. Improvements have also been made in handling Finder labels and remembering the size and position of file dialogs.