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Is there a way to determine BPM of loops within Mach 5? I can't figure out how to do this, so I've been freezing the Mach 5 track in Digital Performer, and then using DP to analyze the soundbite for tempo. But it would be great if Mach 5 could determine tempos on its own.

There is nothing in Mach5 can do that. I use Recycle to figure out.
I'm hoping version 2.0 will include some tool for it.