After my search for another DAW style app for making electronic/house/dance/techno etc. I realized I could do it all in cubase just as you explained. Even though I've been listening to it for so long it's so much harder to make it then I realized.
Just curious, what are you using for your drums? Right now I'm using the rewire funtion from Reason but I'm not digging that too much. Unless I bounce to track, there is no way for me to add a sub-synth to really beef up the bass kick without effecting the other samples.
For keys I've got NI's Komplete 4 (Pro-53 is giving me issues) , Massive, and Geforce's MiniMonsta.