1. Record
--need to re-record and remove current take--
2. Hit stop
3. Delete recorded clip (Click it, Press "Delete" on keyboard)
4. Manually click to position in time line where recording initially started
5. Hit record again
This process takes place a lot when recording new patterns or tracks, midi and audio.

If this shortcut already exists, or you know quicker ways to handle re-recording takes, please let me know!