1) No midi loopback driver required
Current version not use a MIDI loopback, anyway is similar but is a lot better and more efficient.
2) Loads with your projects
Yes is real good point can load with your projects and can run multiple instances, where every instance can be a specific map for a specific VST, in that way, you can have custom layout for every plugin you use adding full multi touch control to any VST..... I suspect in that direction you want go, that is correct?
Is more a controller acting as a VST control than a complete DAW control?
3) Easy mapping to plugins via midi learn.
Yes.
4) Use VST automation which is sample accurate compared to midi / higher resolution, no jitter / timing issues
Is a good concept, but i think need be a new software.
The current software is 32 bit, with some work I can port to 64 bit, what is needed for use as a VST.
Big portion of technology used for Chameleon, not work ok as a VST, this project need be coded 100% as C++
What is the DAW you use?