When releasing a folder, we always want the files contained also released. Currently we must realease all the files before we release the folder (If configured so), so it's nothing more useful than set the ACLs on the folder directly, except that only administrators can set ACLs. I know we can leave all files uncategorized and then release the folder so all files get locked. Unfortunately this is not the common practice. In most case, files get categorized when they are checked into vault and get their lifecycle states assigned, so when the folder is released, no acl change will be applied on the files, files not released will not be locked. There should be an option when changing the state of a folder, let user choose to include all files in the change, just like when releasing a file we can select include all children or parents.
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