Yes, this is an area that could use some TLC. It gets tricky when the same shortcut applies to more than one panel. In this case, I think Application was used since the shortcut key applied to more than one panel, yet the behavior can differe based on the panel. This is further confusing since it was named to a specifc panel(s) behavior. eg: "Go to Next/Previous Edit Point on Any Track" will also multiple select clips in the Project panel. Again, this can definitely be improved and sorry for the confusion.
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