No it can`t recognise playlists.
Your best option is to organise your tracks into album directories and then prefix the track name with the index number; 01, 02, ..., 10, 11, etc.
For instructions on how to get longer filenames pop on over to:
http://members.tripod.co.uk/ittroll/
This item was edited on Tuesday, 6th March 2001, 20:03