Entirely capable, if you like the clips approach (also used by Ableton and now Logic Pro). But it’s so much more. Modulation and Grid heaven. I’d say it’s the most creative DAW I know. Though I also still enjoy Logic Pro, Reason and Waveform. Here’s a good discussion: https://gearspace.com/board/bitwig-studio/1260591-long-time-logic-power-users-switched-bitwig.html
“The new support is significant, since it allows Spectrasonics users with M1-processor based Mac computers to utilize all of the powerful capabilities of the new technology and experience extraordinary performance at low buffer settings. Not only does this native Apple Silicon support allow significantly more instances of Spectrasonics plug-ins, but the major improvement in latency performance allows live performers to have a more reliable and immediate experience onstage - even with inexpensive off-the-shelf Apple laptops.”
https://www.spectrasonics.net/news/news-content.php?id=125