It'd be rather nice if I could select a number of tracks in MMC then create a playlist for each of the albums embedded within the selection, e.g. select...

Track1 Album1
Track2 Album1
Track3 Album2
Track4 Album3
Track5 Album3

Would create a playlist called album1 containing tracks 1&2, a playlist called album2 containing track3 and a playlist called Album3 containing tracks4&5.