Set the item timebase to beats:length etc. Not automatic, you have to manually set it... then it appears to stretch automatically after that. I have hit and miss success with this also. Example: Take a wave file that's stamped as 120 bpm. If you import it into a project where the tempo is say, 130, and then change it and/or the track timebase to beats so it will stretch, it doesn't stretch/conform immediately on the setting change. When you apply the timebase 'beats: position, length, rate', as soon as you apply that to a track any parts on the track that have embedded tempo information should conform immediately and likewise return back to their normal 0 stretch if it's disabled. It doesn't seem to work that way... but I've been wrong before so... grain of salt.