I want to store my mp3 music files in a folder based upon the tag names

The Filename and directory are displayed within the spreadsheet view and can be edited directly like the other fields. Jaikoz will ensure you dont specify an illegal directory or filename for your operating system.

Folder, Filename and ID3 Fields In Sheet Screenshot

Furthermore the Correct Sub Folders from Tags option allow you to specify a format mask and generate a directory structure from the tag information, there is also a Correct Filename from Tags option.

ID3 to Filename Format Mask Screenshot