This has probably been brought up before…
Nearly every other modern DAW doesn’t require you to open up a whole separate lane in order to do automation edits.
To do even one small volume change, I must pop open a new lane which has a different size than the host track. Why can’t the envelope just be written over the waveform on the same track???
Trust me, it’s been brought up before.
All I can tell ya is that there is a certain amount of fatigue amongst long-time users (well, this long-time) user that so many dead obvious fixes have never been implemented. How fatigued? Well, this is simply a pasted piece of boiler plate text I use over and over. 
So don’t feel bad if yer post hasn’t be +1’d much. It doesn’t mean it’s not a great idea. It just means that people don’t feel anyone in the castle is listening.
+1
+1
My question would be:
WHICH Automation curves would be drawn over the waveform?
All of them? Drop down check box (idea!)?
And what about CC info?
Would that still be there also?
Might get a little messy.
Hugh
You can draw volume envelope just into waveform. Try pen tool (draw).
Bonus: drawing volume just into you audio clip do not prevent you form using Volume fader to adjust overal volume track volume.
+1 +1 +1 and region based automation!
+1
+1 And keep the possibility of using lanes
+1
I was just gonna write about Automation should have an option to display of the waveform . Man this goes back to 2015! that 10 years …
why can’t we have this , keep lanes for working on Multiple lanes at once , but have a option to cycle any used automation over the waveform . that how LPX does it , I love Cubase but man all we keep doing is adding more tracks to control other tracks , bit like VCA and Groups and folder , I would really like to see the less track on may life 
I’ve noticed a lot of really old topics being revived lately.
The single lane/scroll menu functionality does exist on groups and FX but no waveform on those types of “tracks”. AND you can see the automation on the primary lane OR open several lanes.
Back, at the dawn of time, when Cubase first introduced audio tracks, there was only “dynamic events”. Automation attached to the event. The original volume control superimposed onto a waverform. Even panning was done that way. And it did appear on the waveform Just like it does to this day (dynamic panning is gone).
So my guess is that having a dynamic event controlling volume at the same time as mixer automation controlling volume could be confusing due to the way that dynamic events are married to the event. I suppose you could integrate dynamic events into the list of lane based automation, but if you stop and think about it, that could cause a some problems. Many long-time users would be furious.
I love seeing dynamic volume inside the Part editor. And I’m sure there are many who have grown accustomed to seeing multiple lanes of automation at the same time.
I understand your point though.
I get it , I started on Cubase Audio 0.9 and remember Lol …
simply way I to just list Dynamic volume in the list and make it default , for old user you could just have a pref , there is one now to show waveforms under the lanes anyway .
Looking at this from a track a growing clutter angle , I feel the option would be helpful , if your using hardware fader it keep things in line with hardware fader as well