Hi!
Yes, those readout modes have been since a while. You may set the black and white points very easily this way, and is very intuitive when you use the realtimepreview activated. Anyway, for serious astronomical purposes, I would discourage this use, for a more statistical approach based on histogram counts.
About the middtones readout, think of this button as a way of telling which pixel you want to become exactly middle gray (0.5). Again, this is more intuitive with the RTP.