Audio and midi editting is present as well. Making everything the same velocity, present as well. Controlling anything in reason with knobs or faders is easy as pie. (Some stuff I quote here out of other posts). The fact is, most things haters throw around what Reason can't do, it can do. That it doesn't do midi is also a very vague term. It can export a midi track, import a midi track, it can handle midi signals, that still works!
Some ppl got pissed off at the fact they didn't seem to have the knowledge to do that in Reason and thought it was too hard for them, gave up and give off at Reason at any chance.
Just don't listen to them, ignore them. Reason can do most stuff other DAWs can do, it can do some stuff other DAWs can't do and other DAWs do some stuff Reason can't do.
Basically, anyone giving off at Reason in such a manner saying what it can't do tells more about those persons than Reason. I've seen these comments coming by in a lot more posts and suprisingly, there are almost all wrong except the VST support.
Getting the industry sound out of Reason is possible. You have to have the right knowledge though. Production theory, music theory and know how to accomplish that in Reason. Like knowing the SSL rack.
Anyway, GL. There are some other posts of me around where I give you half a dozen steps to take to get to that point that are pretty straight forward, use the search function of the forum.
It's such a gigantic step from 5 to 6 in quality 
