Yes, this would be a very useful thing to have. I also had noticed only after many hours of reduced (throttled) hash rates and had to manually restart the rig to bring it back to normal hash rates.
Having a way to check min hash speed 'x' after certain minutes 't' and take action (to call reboot.bat) would help many users of t-rex
Just use AwesomeMiner. You can create rules for everything.