Can the gain knob (in console view) be assigned to different parameters?

[Trevor]

On simple instrument tracks (like in the screenshot I linked) the gain knob controls midi velocity instead of actual gain. I'm wondering if there is a way to assign that back to gain, or to anything else for that matter. I'm just asking in regards to simple instrument tracks. 

[scook]

There is no way to reassign controls such as swapping out the velocity control for a gain control. Split the instrument track, at least temporarily to get access to the full set of audio controls or add gain control plug-in at the top of the effects such as an empty FX chain.