Naming your Chords

I find it very useful to setup what I call a “Chords” track. For the
same reason that chord names are specified in most modern compositions i.e. Jazz and Pop music. I first tried doing this with markers in Reaper but that was less than ideal. Recently , it occurred to me that I could simply record basic block chords for the changes in question. Then its a matter of splitting the chords track into generally 2 , 1 or half a measure in duration accordingly. Not only can I see what exact change I’m on but I can also listen. Check out what I mean in the pic below.

BTW , do you find this useful ?