I've had a quick play with an Avid A6 console, and in some configurations, it has displays above the faders that do this:
 
http://lghttp.17114.nexcesscdn.net/808784/vking/media/catalog/product/a/v/avid_s6_display_module_2.jpg
 
And now Cubase has this in their mixer view:
 
http://dt7v1i9vyp3mf.cloudfront.net/styles/news_large/s3/imagelibrary/w/wave_meters.png?te5jHcPVZ.QazczXPXora4qXjOr9dLme
 
I think it's a really useful feature for anyone who mixes in console view. You get a (limited) view of what you'd see in the track display, but you can maximise the console and focus wholly on that. Would love to see something similar in Sonar.

So these move downwards, like a timeline - I like that idea, if so?
Anticipating what is coming - how cool.

That is pretty cool.  I don't know whether I would use it since I have three monitors and I can see the Track View and a full console at the same time.

I've got two monitors, but I like to spread the console across both during the mix phase. I find that's better for how my brain works when mixing. This would just be a handy extra bit of visual reference for that scenario.