1.You've recorded all your clips and now you want them to be one larger clip.
2. Arrange the clips, one over another and select them all, like so.
3. Right/Command Click, Click consolidate.
4. Bam! Consolidated sexy time.
This would be extremely useful for comping a melody quickly, and opening up space for more clips (something I think users of the APC40, Launchpad, Griid and TouchABLE would appreciate). Sure this means you have use your mouse/touchpad for a second, but that's fine, because comping clips really isn't something you'd do live anyway (Although if you do, for some reason, this would still help you if you're a Session view purist).