This page already existed before it was just moved. The settings touches the compact player, the expanded player and the now playing queue. There’s no proper place to put that and there’s no need to add a new sub category just for one setting that most don’t use.
With the now playing settings being part of the interface page, the setting being where it is, is even more appropriate than before.
With that said I can add a text value of track name + number for people to easily have it without using custom templates.