Editing instrument timbre with MSpectraldynamics?

[Ou_Tis]

Wondering if this is possible with MSpectraldynamics:

"EQing a sound will affect the volume of set frequencies; the frequency of the harmonic you've chosen to boost or cut will change as different notes are played. Melodyne's note detection and separation keep the harmonic profile you've chosen consistent, literally changing the timbre of the whole track, no matter what notes are played - as if the instrument used to record it had been reshaped. You can think of it like a key-tracking EQ, if you like."

Maybe with a side-chain to a reference track to adjust for the different notes being played?

[XComposer]

You could easily use also MCharacter for this.