The people of this post: www.clickteam.com/epicenter/ubbthreads.php?ubb=showflat&Number=156117&page=1
have concluded that we are in need of a VST effects plug-in object.
What this should do is allow mmf2 to support VST runtime. Once loaded into a audio channel, VST would modify the samples with various effects.It should also allow for loading of a preset bank and a preset patch, and allow to bring up it's GUI panel for editing.
Very basically, a realtime sample tweaker.
More info here.