I just discovered how I can use AF to set loop points and create loop crossfades, and I have one feture request that would make this perfect for me: The ability to preview what the crossfade will sound like in order to make decisions on what will be the best and smoothest sounding crossfade time, and also how e crossfade is affected by moving the loop start end end points.
I'm generally using this kind of loops with long sound files (several minutes) based on field recordings (hence containing more noise-based sound than pitched sounds) and used for sound installations so the use of loops, and the best way of tweeking them, differs somewhat as compared to the regular Abelton Live kind of use of loops.