I was noticing the same thing. Any word on this?
External hardware controller support has not been implemented in time for the final release of this version, but does remain high on the feature backlog priority list. Until recordable automation support is in place, it did not make sense to devote time to implementing Latch and Touch modes.
External? Surely this would allow us to draw filter sweeps etc. (surely a very common task) onto tracks via single parameter automation? As the dynamic option on the FFT filter appears to be missing also I find I have no option but to go elsewhere (Logic) for a lot of our more conceptual level effects.
That absence and the lack of a noise generator are my main gripes
Oh, OK, I've found it: of course I need to be working in the multitrack, don't I? For those struggling: use the 'effects rack' on any track, add your effect, and throgh the 'show envelope' drop down you can access almost every parameter.