Also compared to time selection:
Visually time selection give the aspect it has the potential to works on every tracks / items in between start/end points.
With Area selection it is more clear/instinctive that your selection only works for a certain track section, as the in and end points doesn't go over every tracks/items.
This kind of 'safety' can be seducing for fast editing cause less ambiguous.
(though we might ask for something else than a red almost opaque rectangle :P)
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