Picaxe M2 series 'multitasking'

The M2 Picaxe series has multitasking (time slicing) to allow up to 4 tasks to run simultaneously which the manual says is to make monitoring switches and flashing LEDs etc, easier to program.  I was just wondering has anyone explored how far you can take the multiple tasks idea.  Has anyone, for example, tried controlling a servo, monitoring switches and varying PWM on a motor?

I've got a feeling that everything will get a bit glitchy, but perfectly happy to be proved wrong.

Aha - Manual 1.I’m sure I

Aha - Manual 1.

I’m sure I didn’t have that ‘limitations’ paragraph there before, even though I was up to date with the Programming Editor version. Looks like it’s reading switches and flashing LEDs then #;¬)