Selection Cycling allows one to see how many lines they have on top of each other, which is sometimes needed. Selection cycling allows one to select the linework they want to.
Jeran Hopfe commented
I went looking for anything like this from IntelliCAD and found their Sketchmode system variable. If you set "Sketchmode" to 1, you can cycle through overlapping objects by just continuing clicking the left mouse button. I understand that it's not the same, but they seem happy enough with it.