When you're scrolling through your list of potions, they are named after the first alchemical effect. If any of you make potions, you'll of course know that most of your situation-specific potions have at least two or three effects (especially when you consider poisons, I make poisons enemy-specific as well.) If I was able to name them like I could back in the day, then the nicknames and codenames that I designate will help me out tremendously--not to mention enhance my enjoyment considerably.
I liked my potion names, and am bummed that they can't be applied to my Skyrim homebrews. Here's a few of my most memorable...
Round 2 Brew : Restore/Fortify Health, Restore Stamina
Triple Kill : Damage Health/Magicka/Stamina
Mageslayer Toxin : Damage/Ravage Magicka, Poison Damage