I installed v2 from the msixbundle on Github and, if I'm not wrong, the settings are saved to "C:\Users\User\AppData\Local\Packages\Files_1y0xx7n9077q4. Do these settings include file tags?
They do, the relevant files are "filetags.db", and "filetags.json". Tags are also embedded in the tagged files so you would not loose them regardless, still good to back them up.
I installed v2 from the msixbundle on Github and, if I'm not wrong, the settings are saved to "C:\Users\User\AppData\Local\Packages\Files_1y0xx7n9077q4. Do these settings include file tags?