I used to think the same, but i find that it kindof works the same way as having a new project template does. For example, if you always use a particular synth, you could map your most commonly used parameters on that synth to whichever knobs and save that as part of your default setup. so now instead of mousing in filter cutoff automation, or lfo automation, you can just hit record, and tweak away. it would not only be faster, but you have much more control over the sound in real time.
some programs even have automap software for midi, but i dont know how well that works on FL.