It’s strange that this function only exists as a toggle (and many others that should also not – eg. metronome, auto quantize, etc.)
How many times have people accidentally left the Monitor activated so that they’re audio export is dead silence only to find this out later when it’s too late?
And who wants to go looking for whether the monitor button is lit up or not to know the state of it?
Same for metronome, same for auto quantize, same for others?