Yes. Once you're in the Files, Videos or Audio section of the control panel, there will be a green button in the left column that says "enable sorting." Once you click it, the files in the list will start to shake or wiggle. That is an indicator that you can now sort them. Drag them in the order you'd like and that order will be reflected on your website.
Weeee, you found me!
I'm your buddy Bottie, I was hiding behind the scenes, but now that you've found me I'd be happy to tell you what I'm doing.
I just wrote a few fun facts about IADB
Would you like to take a look?
Click here to check them out. I hope it will cause involuntary audible response.