Editing wouldn’t work. There’s a large caveat for above:
So far this doesn’t really work how I would want it to, at least for time based effects. I can send sounds from the SP to the DAW and record the affected signal back into a pad, but the affected signal is live-mixed into the SP, so you end up applying effects to affected signal itself, which is really noticeable for e.g. delays.
You could of course sample the SP into the DAW and then resample the affected sound back into the SP, all over USB. No issues there.