This is very powerful indeed and LSP has this capability to generate effects based on whats drawn out in your LSP visualizer screen. I love that, and have been wondering if LOR would ever do that. I'm thinking not in S3 in 2011.
But its really only useful, IMHO, on matrix display items, megatrees and/or really dense shows with most/all RGB everywhere ... which isn't that many yet. To me, too much of my display is still conventional (non RGB) to find a huge use for this, except on a few items like a matrix or megatree.
But still, the ability to generate graphics onto a conventionally strung megatree with RGB nodes ... and say turn it into a spiral tree or rotating billboard with your FM frequency on it ... its da bomb. I'm not sure, but I think LSP can do that already, using layers and effects (like movie clips) onto those layers ... and then you define the megatree as a spiral ring of SS node channels. I think LOR S3 with superstar lights addon, might also be able to do this?
I still cannot fathom how RJ did that spiral sequencing in Vixen last year using smart strings on his megatree ... thats like amazing to me, how it did it on his own and without proper software to make it easier.
Again, we are in the first or second year of a radical transition of sequencing software and RGB hardware ... and I look at people like RJ, dmoore, fasteddy, aussiephil, etc. as the true pioneers ... and the software still has some catching up to do in 2011, but hopefully will get there.
But to me, this new stuff that RJ produced and shared ... added spice to this hobby thats made 2011 really really interesting and fun, if not insanely hard and costly.