I often use the chord track as reference, instead of actually having it influence anything. Also, I normally use all editors in full window to make room to see controller data and such.
It would be very practical if one could see the chords embedded somewhere in the timeline, along with bars and beats. Then it would be possible to see what is happening next in harmony without leaving the editor windows (piano roll, audio window etc). This could even be an additional reference in the notation window?