The reason why I believe Reason 7 is still not a DAW is because of its limitations.
Take the Thor for example. It's limited to 32 in the polyphony. What if I want to write a choir piece for the entire Mormon Tabernacle Choir of many dozens?
Even worse is that the Malstrom Graintable Synthesizer is limited to 16! That's half! You'd need at least 64 Tibetan voices going on simultaneously for that authentic throat singing chant.
They've also ignored my suggestion that could bring in thousands of more users: the addition of an Easter egg snakes game. Would come in handy while you're listening back to your hard work or waiting for it to render.
I'm disappointed. I'm off to learn C++ and DSP, and then fork some open source music project to create the perfect DAW.