Yes the tracks rename same as mixer.
There is an option the export the region track as midi markers in the Midi Chord Track by dragging the C7 button or right click it for options.
Another thing it will do is play from one region to any other region smoothly same as the smooth seek in Reaper by a region playlist that you simply create from the regions.
This way you can try different arrangements and it will render the track in the play order.
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