Deleting from the Library window is a no, no. You need to be sure what you're doing because as you're probably aware now, it by-passes the recycle bin. You'd need a file recovery utility to get them back. Norton Utilities is good. Free ones 1. PC Inspector File Recovery (click on link), & also 2. Restoration (click on link)

* When you renamed a file, it turned red b/c LW's share hasn't updated. It has not accounted for this new file name. If you press the Refresh button then that will force LW to re-account for all its shared files. You'll find the file will become black (being shared) after this. Also, the files within the Saved Files folder are always red b/c this folder is not shared. As you're probably aware, in the earlier versions of LW, if you didn't share your Shared folder then it wouldn't appear in the Library window. At least the saved files folder which is purely a reference folder will show what files you've recently downlded & always exists in the Library window even if you don't share your Shared folder.

BTW I notice you have some m3u files there. These probably will no longer work if the original mp3 files are missing.

__________________
Imagination is more important than knowledge. -- Albert Einstein
Only two things are infinite, the universe and human stupidity, and I'm not sure about the former. -- Albert Einstein
640 K [of computer memory] ought be enough for anybody. -- Bill Gates (1981)
The secret to creativity is knowing how to hide your sources. -- Albert Einstein
When facts don't fit the theory, change the facts. -- Albert Einstein
Religion keeps the poor from murdering the rich. -- Napoleon Bonaparte
The important thing is not to stop questioning. -- Albert Einstein
I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones. -- Albert Einstein
"A composer is a guy who goes around forcing his will on unsuspecting air molecules, often with the assistance of unsuspecting musicians." -- Frank Zappa
"Tobacco is my favorite vegetable." / "May your sh*t come to life and kiss you on the face." / "Scientology, how about that? You hold on to the tin cans and then this guy asks you a bunch of questions, and if you pay enough money you get to join the master race. How's that for a religion?" / "Communism doesn't work because people like to own stuff." / "There are three things that smell of fish. One of them is fish. The other two are growing on you!" / "Jazz is not dead, it just smells funny." / "The creation and destruction of harmonic and 'statistical' tensions is essential to the maintenance of compositional drama. Any composition (or improvisation) which remains consonant and 'regular' throughout is, for me, equivalent to watching a movie with only 'good guys' in it, or eating cottage cheese." / "Remember there's a big difference between kneeling down and bending over." / "The most important thing to do in your life, is to not interfere with somebody else's life." / "Rock journalism is people who can't write, interviewing people who can't talk, in order to provide articles for people who can't read." -- Frank Zappa
"The music business is a cruel and shallow trench, a long plastic hallway where thieves and pimps run free and good men die like dogs. There's also a negative side." - Hunter S. Thompson
The shy can light the dull dark room with life when their eyes mirror their inner sunrise - LOTR