Why would you need the multi-file support in...Precomp?
It's so much more useful with batch files 
For example: you want to try to decompress all the files and
- delete the .pcf if the file hasn't been decompressed;
- delete the original file if it has;
- do this in current directory and all its subdirectories.
Code:
@echo off
@dir /a-d /b /s>"%temp%\precomp.txt"
@cd ..
@pause
@echo Decompressed:
@for /f "usebackq delims=" %%f in ("%temp%\precomp.txt") do (
rem HidCon.exe might be useful here in case you
rem don't want to see a lot of blinking windows
@start /wait cmd /c precomp -slow -o"%%f.pcf" "%%f"
@if errorlevel 2 (
@del "%%f.pcf"
) else (
@del "%%f"
@echo %%f
)
)
@del "%temp%\precomp.txt"
Then, when you're finished, you would like to compress all the files back, wouldn't you?
Code:
@echo off
@dir /a-d /b /s *.pcf>"%temp%\precomp.txt"
@echo Compressed:
@for /f "usebackq delims=" %%f in ("%temp%\precomp.txt") do (
@start /wait precomp -r -o"%%~dpnf" "%%f"
@echo %%f
@del "%%f"
)
@del "%temp%\precomp.txt"
I personally use [similar to] this code inside some of my current distributions. It really does help to save some weight!