Insert Component

The Insert Component feature (⇧+I) is very useful.
Could it also become aware of the context if an instance of a component is selected prior to initiate the Insert Component command?
By doing so, one could very quickly swap the selected instance with another one by only relaying on keyboard commands through the Insert/Swap Component feature. Would save a lot of clicks compared going through the Design panel (IMHO).
Any thoughts?
Thanks so much for your attention.

I think this will make it a huge source of errors. Insert and Replace must be kept separate, so you don’t replace anything by accident.

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