The clip will respond to the pitch setting without "Follow pitch" checked. What about copying a clip and bouncing it? It'll follow the pitch offset while being bounced.

I just tried it and it doesn't respond to the reference note change (say from D to E) but does respond to transposing it's original reference note (say D then up 2) by selecting pitch but again that's very cumbersome, especially if you've set up say 50 clips and then realize that they need to be transposed. Or am I missing something? Thx, Mike F.

You can do multiple clips at once if that helps.

Sometimes you've got a bass and guitar at C but you might want a piano at Am at the same time
 

Interesting example as A minor and C major have the same key signature. The scale of A natural minor and C major have the same notes. Pitch shifting aint going to help in that instance

That's one of the reasons I used that example. It would be perfect if I could have a two sets of markers and be able to assign a track to which set I wanted it to read.