If I understand your question right, Right click the multi cam Source Sequence in the project window and towards the bottom there is "Open in timeline".
Thanks for your response, MHoecker. I just tried this and it does show the original Source clips on a timeline but it doesn't really help since when you're playing and making your cuts in the Program Monitor, the multicam sequence has to be selected.
Ideally, I wish Premiere CC would allow you to nest the source sequence in as clips, instead of a single sequence.
It just doesn't work that way. Never has. Premiere Pro uses nesting for multicamera work. Nesting only shows you one track, regardless of how many tracks are in the original. If a camera 'runs out', it will show black in it's square in the Multi-Camera view.