Ted in a manner of speaking it does... If the player is not too lazy

Since you can play pad phrases and SMF's together , you can achieve the same results... even better results..

By recording style parts as phrases (1 bar looped.) You can play six pads at any time, synced with a SMF or style.

The SMF will display the chord progression, so you can play the changes to change the pads.
You can also sample a vocal sound and save as a user tone.. then use as pads (tones). Very useful.