No, you'd end up with Fruity Loops
FLS doesn't have a max for live equivalent, but I'd guess 90% of people don't use MFL. The edison recording workflow is hot trash IMO, or else I'd pretty readily move back to FL.
I really really enjoy using Ableton and have stuck with it for years now, but one of the first things that struck me once I swapped from FL Studio was how stupid it was that Ableton's piano roll lacked this fairly basic yet crucial tool..