@RS
AFAIK you can gain stage and avoid the clipping artifacts,
and in most likely places you will be notified if clipping could be happening.
If you also selected other layers then you could see it in other less observed places where it could happen.
What you cannot see is every place at once. Would be a nice AH feature to warn if clipping was anywhere to alert you to look.
But I guess they figure sensible folks just keep the signal levels low enough throughout that there is no risk.
And of course if you apply fx or other processing you get whatever they do to the signal just fine if you do not clip anywhere.