Yes, but ....
If you use this "feature" with playlists view, it does not work. It is unusable.
Sorry for the lengthy description and repro below, but apparently, few others know of and/or complain about this easily reproducible bug.
This is a bug and it has been present since at least PT 10. I have experienced it in each version of PT since 2014 on Windows and Mac. I have started support tickets twice over the years. Avid has acknowledged the issue in a reply to my first support ticket, but they have yet to fix it.
http://duc.avid.com/showthread.php?p...17#post2124417
http://duc.avid.com/showthread.php?t=284021
http://duc.avid.com/showthread.php?t=306595
The quick summary is that, if you save a session with tracks in playlist view, show/hide tracks memory locations become corrupted. The workaround is to always put all tracks in some other view such as waveform or volume automation prior to saving. If an automatic backup occurs while the tracks are in playlist view, that backup session file is corrupted and you cannot import session data from it to get back your memory locations. Another imperfect workaround is to use edit and/or mix groups.
I am heavily reliant on show/hide memory locations to keep complex sessions organized and to navigate the session. This bug is my nemesis! It is extremely frustrating to have to reconstruct all your memory locations because, in the heat of a creative moment, you reflexively hit Command+S before remembering to put all tracks in waveform view.
Below is the text from the most recent support ticket I submitted last year:
I am hoping for track folders primarily because Avid refuses to address this particular bug which has been present for many years. I have literally spent $599 + $399 + $399 hoping that my payments for support will bring a fix for this bug. I have no stability issues, I have zero need for additional I/O, free samples/instruments/plugins, ARA, and I couldn't care less about cloud collaboration. I just want this one thing fixed!