I do a lot of taking an audio event and moving it onto a new track for either similar processing chain - tweak values - maybe add or remove a plugin.
Typically this is all cool dragging it all the way to the bottom of the track view - a duplicate of the track settings will be made with the audio event on it.
However sometimes you don’t want to drag this down 3 pages of tracks and you want to make one right under the track you are editing.
OR even just a way to use the selected track and then say create new track with current track template would suffice - as long as it did it right under the current track.