Saving Reports - "Favorite Reports"

Thank you for all of the reporting options! However, it introduces a challenge for me to remember how to do my favorite reports and to then to recreate the customizations each time.It would be great if you could establish a Saved Report functionality, which would allow me to save a report with my settings and give it a name, and then I just need to click on it to have it generate a fresh version. Dates could be saved or dynamic (that is, not saved and requested each time the report is run). The option to do either would be ideal.

Thanks!