Originally Posted by Suda Badri
I asked a Steinberg rep why vari audio does not do velocity extracton and he said "we believe vari audios midi extraction used with the new set of VST expressions yeild a much better sense of realism" .
I disagree with that premise since the realism you want in that particular case is some reasonable representation of the original performance's dynamics... like with Drumagog. Replacing a kick with a sample would be silly if all the samples played at the same velocity and you had to manually edit all of the midi notes to match the player's dynamics.
Strangely enough, I recall that when I asked that same question on the Steinberg forum I was told it was planned for a future update. The quote you passed on above sounds like the marketing department making excuses for an obvious oversight... not a reasonable answer to a direct question.
Without velocity it's pretty useless for extracting midi from long tracks, unless you want the whole track to play at 127. It works fine for short passages, just edit the velocities or create a groove template from the audio and apply it... but you can't make 5:00 groove templates.
Anyway, with velocity it would be a perfect drum replacement tool. Even for kicks that don't register way down low you can tune/pitch them up beforehand to make sure they'd be on some recognizable pitch and then extract the midi. Perfect. Without velocity, almost useless.