After doing some research I don't see this implemented, please excuse me if it is.
I'm coming from the world of marlin, redeem and machinekit. One thing I really liked was being able to replace the Z min switch with the Z Probe and have that probe be positioned correctly when homing Z. I wrote a PR to allow the use the of both a Z Probe and Z min for the current release candidate, so I know the value of having both too. :)
That said, right now I only have a Z Probe and don't plan to add a Z min. I would like to see the ability to use a similar function like Marlin's - Z Safe homing, which moves the probe into the proper place, deploys if needed and then homes Z.