For example, I have a wav file of a single piano hit in C, in an audio track. If I select the sample, press + on my keyboard and it will be pitch-shifted to C#. Not time-stretched or transposed, but instantly resampled to a new file in C#. The length will be shorter as well. I the file it should show how often you have pressed + or -. Sony’s Acid Pro had this feature, and it is one of the only things I’m missing in Cubase. Of course cubase has pitch shift, and that function is nice as well, but workflow-wise my suggestion would be really handy for quick changes.
Further: One love to Cubase!