In N4 it's "save to new folder". In N5.5 it's??

In N4, N3, etc. when I wanted to take a song I was working on, rename it, and save it to a new folder there was an option to do this under “files” - “save to new folder”. You could decide whether you wanted the current audio pool copied or not. I’ve been using N5 for about 2 weeks now (nice job Steinberg, but it does take some getting used to, especially if you’re a long time Nuendo user/love like myself). Is the “backup project” option the same thing with a different name?

Thanks in advance!

exactly.

look at p54 of the operation manual for a full description of what gets backed up and what doesn’t.