Does elgg support custom taxonomies?

By Shawn

After years of just using tags for everything, my eyes were finally opened this last week to custom taxonomies and just how powerful they can be. AFter reading a wp article I came to realize just how lacking the entire tag concept is when it's a single taxonomy.

Great article by the way, and would directly apply to elgg, at least in theory.

So my question is, does elgg currently support custom taxonomies?

I want to be able to search specific areas like a users 'interests tags' or the 'custom fields' I setup in the profiles. With custom taxonomies I can then create specific tag clouds based upon the taxonomy I setup....