No. And if you just cut stuff like that willy nilly you aren't a very consistent editor. You can tell when you watch it that the cut is made on the exact frame anyway. If you are one frame off the exact continuous cut the feature shows you nothing.
I use and teach FCP on a weekly basis, sometimes daily and can only think that the reason they made this feature is so students aren't cutting stuff without thinking only to find they've moved a part they cut instead of the whole clip.
- Jon ;)
How many editors does it take to change a light bulb?
www.jonbarrie.net