The MIDI Automation envelope segments show as Shape events in the Event List, but they are not editable there. I have to say though that it's hard to imagine a more tedious method of editing automation envelopes than by typing in times and values of nodes in the Event List.
To my mind, the most
convenient way to work with automation is to write it in real time using a control surface, but it seems you're actually more interested in surgical precision than convenience. In that case, editing envelopes in tracks (or automation lanes) is really the only option. You can right-click nodes to get their properties to precisely set times and values.