May the powers that be kindly implement non-destructive pitch and time automation, in the manner of Melodyne, but directly in a track, rather than requiring a separate plug-in window.
Indeed! Apple: please refer to ProTools 8. (Pssst, hey kids: In all seriousness I suspect they are working on this as we speak; it's in very high demand.)
Personally, I would like the ability to select any region and change it's pitch without changing the time, so I can cut up a rhythm loop and change the pitch of any one hit in the arrange non-destructively.
I love flextime. I am using Melodynes 8-track Cre8 editor as a plug-in to Logic 9. Now I never bother with Melodynes time-stretch because Logic Flex-time is smother..