Tony:
Thanks for the tips on Track vs. Transient. With a little more fiddling, I confirmed what you said about "Holding the Down button toggles between the last used "visual info" (ie: Transient, Off) and the last used "full screen info" (ie: Seek Tool, Track). Phew, one panic gone. Yeah, and the Hijack Knob thing is awesome.

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FireFox31
110gig MKIIa (30+80), Eutronix lights, 32 meg stacked RAM, Filener orange gel lens, Greenlights Lit Buttons green set