With the Editor, you can merge tracks, delete sections (like the silences between) and rename, then convert to (or back to) whatever format you wish. I haven't used this feature in a few months so it may have improved but when I did use it, it worked well.
I do know what you're talking about. Rock, especially Classic Rock, segues one song into another often. Pink Floyd does it a lot. Santana's Black Magic Woman / Gypsy Queen are one song in most people's minds but are two tracks. Led Zeppelin's Heartbreaker and Living Loving Maid are inseparable. The Allman Brothers have a few like that. The list, I'm sure, is long. That's just what springs to mind right now.
That might be a good feature request. In the meantime, there is a workaround: You can set "Playback" to be gapless or even cross faded. With wav files and ape files (both lossless), gapless is truly gapless. MP3's always add a gap (that's my understanding, anyway). It's part of the encoder. So experimentation with cross fading would yield satisfactory results in most cases.
CVIII