Nonsense all of you :p
I was sitting on my copy of 7 waiting for track grouping, which of course still didn't quite solve my problem. 1 midi track per drum rack so I can sequence my drums nicely, but have audio out returns to duck from the kick, or reverb specific hats and such.
After poking around trying to figure out another issue I was solving I came across my answer, works in 7 and 8.
Here is an ALS
to follow along.
Create a midi channel
Drop any drum kit on it
Create a basic pattern
Click on the drum kit
Open up chain routing (2nd from the top icon on left side of kit under macros)
Open up sends and returns (2 bottom left icons labeled s and r)
Open up I/O (just above the rack send and returns)
Now drag your FX to the new box under the chains and on the chain for the drum sample/synth turn up the send
To create a return for your kicks for use in sidechain compression create a normal return track, name it Pumper, click the channel kill (labeled capital send letter and yellow). Now on the returns panel in the drum rack create a new chain by right clicking and create chain. Route that chain to your global return Pumper on the right hand dropdown (opened from i/o).
On your kick chain in the rack turn up the send value to your new rack send. Now create another midi channel and drop a bass or synth in. Throw a compressor on the new channel and set the thresh to -60, the attack to 161ms, the release to 75ms, and the ratio to 12. Create a 1 bar clip with just one full bar note and trigger the two clips together!
Hope it helps someone out.