Sounds great Michael – that would be very useful!
Just had another thought.
How about adding an option in Store > Upgrades > Related Products
Where the user can tick or untick – “Enable auto generate related products”. Meaning, by default, based on their option – the related products will be displayed automatically or not whenever you add a new product.
Some of my clients would like to have related products based on their selection and not auto-generated for that category. This option would also eliminate having to tick the “disregard related products for this product” everytime they add a new product.