+1 !
I also would love to hide previous V and FX collection, Rev Plate and Chorus JUN6 which are available in my FX Collection 2, old Analog Lab which has been replaced by Analog Lab V ....
Right now ASC list is showing lot of this useless stuff.
A 'Hide' check box on right list items would do the job, and you'd add a "Hidden products" top the left menu below 'My Products' or 'My updates' to un hide them if needed.