A common workflow for us is it create a high-level story that may affect multiple components. As we get closer to a sprint where the work will actually be done, the story may get split into multiple smaller stories for each component. We currently use the clone feature to do this which has the benefit of creating links between the different stories.
The biggest frustration with that method is that when we clone a ticket, it is created either at the bottom of the backlog or the bottom of the current sprint (depending on where the originating ticket is). When the backlog is large, it is frustrating and time consuming to drag the issue back to its correct space. It'd be very nice if the newly cloned issue were inserted in the same place as the original.