Short answer; you could be right, you could be wrong I really don’t know enough about what goes on under the hood to know if it is technically possible but it seems unlike.
long answer: as ckemper and Burkhard are fond of saying “what problem would it solve?” The difficulty I would foresee is how to morph between two amp blocks that need to occupy the same slot simultaneously in order to morph smoothly between them. I don’t believe this is currently possible with the hardware (but who knows except the developers). Therefore, if you can’t morph the amp blocks all that would be possible would be to morph between the FX in each rig. However, in the vast majority of cases I would think that could be achieved with the current morph features within the same rig slot.
Am I missing something? Or is that bear going to be heading my way ?
Hopefully no bears are heading your way. If so, I don't have to run faster than it, I just have to get past you.
Time will tell......