Originally Posted by Kovkov
The much better option is to play the stuff in time in the first place ;)
That's a very "non-real-world" response (but I DO see the smiley)! In MY world, I do much of this type of editing manually, but STILL use elastic audio much of the time because it's so darn quick and easy! It's great having this option (from a production standpoint), and there's many things that are possible like turning a straight beat into a shuffle, or aligning background vocals with the lead (especially for the ends of notes) for 'super-tight' vocal sounds.
But for the "budget" projects, it's a REAL winner IMO. For example, how do you tell a drummer who's in the studio for the first time to just "play it in time in the first place"? This is assuming you can't fire the drummer! You get the best take(s) you can, comp them into one master take, and then you either go in by hand if the budget allows, or you hit "quantize' and move on!
In the real world, this type of stuff needs to happen all the time. In fantasy world, singers get perfect vocals in one take, drummers make drum machines look 'loose', and you never need to EQ or compress any tracks because they are all perfect as played! ;-)
This is one area where I'd come one step closer to ditching Pro Tools for Reason (for production work) if this was available (grouping is another). I've already ditched Pro Tools for Reason for composition work! :-)