Can M4L do that? Python pseudocode

Hi, Ableton newbie here (Standard Edition), thinking about getting into Max for Live.

I posted this in the Ableton forum a while back, but didn't get a real answer. I now skip the whole "why" explanation.

Here is a pythonic "pseudocode" of what I'd like to do to conform MIDI tracks in the arrangement based on audio tracks. Is it feasible with M4L (and proper syntax, of course) ?

## All the MIDI clips are parked on track 0, muted. It's the only MIDI track. The others are audio tracks.
## The arrangement playback uses audio clips only. The sample in each audio clip was recorded from one of the track 0 MIDI clips, sent to one of several external instruments.
## The goal is to create MIDI tracks targeting the original external instruments, with the exact same arrangement (same time positions and lengths) of MIDI clips as their audio counterparts.
## Both corresponding clips in each pair have the same name, except that the MIDI clip name starts with "M", and the audio clip name starts with "A".
## Clips naming scheme: A/M + instrument + patch + counter. 

audio_tracks = []

for t in arranger.tracks:
    if t.id == 0:
        MIDI_clips = [t.clips]            # create list of MIDI clips
    else:
        audio_tracks.append(t)            # create list of audio tracks

for t in audio_tracks:
    first_loop = 1
    for audio_clip in t.clips:
        target_clip_name = 'M' + audio_clip.name[1:]        # replace 'A' by 'M'
        for MIDI_clip in MIDI_clips:
            if (MIDI_clip.name != '') and (MIDI_clip.name == target_clip_name):
                if first_loop: 
                    new_MIDI_track = arranger.create_MIDI_track(target_clip_name[1:4], MIDI channel, I/O)    # create MIDI track with instrument name etc. M4L 'create track' function?
                    first_loop = 0
                MIDI_clip.length = audio_clip.length
                new_MIDI_track.clips.append(MIDI_clip, audio_clip.time)
                target_clip_name = ''            # skip rest of MIDI clip list
                break                    # look up next audio clip