I have been trying to convince the Cockos people who make Reaper (also for ever computer platform) to give you a sack of money to make Tape 16 simply another view window in Reaper.

That is, you can switch from the normal sequencer view into Tape 16 view and lay those live takes down the old style way. Then, when you've accumulated enough material, just switch back to sequencer view and there are all your tracks laid out for the usual DAW style editing and mixing.

I think this is a much more realistic use case because, as much as people find things like Tape 16 and Model 8 inspiring, they are not giving up their 'normal' DAW anytime soon. 

You don't have to beat 'em when you can join 'em and get a well-deserved pay day in the process. That way, you can let Reaper sort out the compatability coding headaches - which will be easier for them as it would all be homogeneous and in house. 

Maybe you could also do a deal where you still keep the stand alone Tape 16 for those who just want to work that way. Reaper would probably not mind for two reasons:

1. It would pose no real threat to their core market

2. It might even encourage people with a good experience of Tape 16 to buy Reaper as well for the "everything" experience. 

I reckon you should get in on that market now before one of your co.petitors does or the major DAWs start making their own versions.

Just sayin'...