
So does this:

This does not:

With a MIDI note the same length as the MIDI clip,
and Follow Action set to "Play Again" at the end of that clip,
the MIDI note only retriggers every other time.
First time, note on. 2nd time around, note off. 3rd time, note on... etc.
In Live 7, the same MIDI clip gives a note on at each repeat.