Thanks to all for the replies!
40x2 displays with an acceptable character size seem to be very hard to find, but I found some 20x2's with characters that are twice the size of the ones on my current sequencer. That would already be a huge step in the right direction.
I'll have to look into the subject some more when I have the time to compare specs and datasheets.
Peter some of the options you mention sound quite interesting - although personally I'm not a fan of the idea of using a footswitch ;) Perhaps making the main encoders clickable and assigning "step mute" to the click could be interesting? Maybe dedicated encoders for playback mode/direction and clock division/multiplication? From a strictly personal point of view I'd also love dedicated per-step accent and slide buttons or switches...
To be honest, the seq V4 appears to be an amazing production tool and I'll be very happy to get one with large enough displays, but I have this silly dream of a seq V5 which is keeping me motivated to learn C ;) You see, I get the impression that most if not all hardware sequencers are either production tools or performance instruments and I want a device that can be both... Imagine a Maq 16/3 with the brain of a seq V4, more or less ;) I'm studying every day so sooner or later that should yield some results...
thx and grtz