Studio One has this feature as well, it is called Pre record. It means that everything is recorded (audio or midi) for a maximum time though of one minute even before record is engaged. It defaults to off and the time can be set to any time up to a minute. (they might make it longer in future versions)
It is a very cool feature and it comes into its own if you are manually punching in for example and you are late. If it is on and set for a minute it means you have got everything for a minute prior to punching in. You may be playing back something and a musician may be noodling around thinking it is a rehearsal but in fact for the last minute it has all been captured.
All you have to do is engage record and at the end it is a simple matter of pulling the clip backwards to reveal the stuff that people thought was not recorded. A band or artist may start performing too soon even during a count-in or pre roll (happened to me a few times) but in fact the music will be recorded. It means you don't have to stop and start again.
If you think about there are many applications and uses for it. Speeding up workflow being one of them.
It is certainly not a deal breaker if a particular DAW did not have it and to be honest I did not even know that I had it in Studio One until I read about it. And I don't use it that much either (under normal conditions) but after using it and it saving me once or twice in a pressure situation I was very glad that feature was there in the end.