The issue is currently the dials and settings on the max device only 'pick up' or update and display their mirrored values if you touch/adjust a knob on the hardware, or switch from PRESET mode to LIVE PANEL mode.
Oh so that M4L editor DOES update to show all current knob values when you switch from Preset to Panel mode? Interesting, as the SoundTower editor doesn't do that, rather it just seems to change to the panel knob postions from when i switched on the unit. Seems like a weird behavior. (Edit: nevermind, looks like that has changed w new ST update)
Anyway, more to your question, sorry I can't offer any suggestions for getting that to work the way you're envisioning it. Assuming you know the technique in Ableton for writing the patch numbers into clips so that the presets change when they play and are saved with your session. This is what i use, and i just have to save a new patch on the Prophet everytime i want it recalled.
Since that editor does at least update w panel values when you hit the switch, if i understood correctly, then at least that would allow you to possibly either A) save those values to one of the editor's 8 presets, which you could save with the session (I think) or at the very least B) screenshot the panel and file away into the project folder for later access. I don't know, to me it would seem easier to just save a new patch on the Prophet.
Not sure if i'm being helpful here, but i tried.