Version 5 gibts ja mittlerweile auch:
ZITAT
Ableton is proud to announce the release of Live 5, the team's biggest development effort since the initial release of Live in 2001. The version 5 feature set extends each aspect of Live - from creation to production to performance - while making the program easier and even more fun to use.
DAW Features. Live 5 includes advanced and creative DAW features to satisfy any audio professional. Read more about clip Freeze, plug-in delay compensation, launchable Arrangement locators and Mackie Control support. Details...
Remix Features. Get ready to remix! Live 5 includes a host of new remix-minded features, assuring instant remix and mash-up gratification. MP3 support, automatic tempo-matching, Complex Warp Mode and the new clip transport make remixing a breeze. Details...
Organizational Tools. Never lose ideas again! Live 5 features simple tools for saving, previewing and accessing any idea on your hard drive. Explore the new "Live Clip" file format, better browsing, new preset management, Device Groups and the new library. Details...
Instruments and Effects. Live 5 introduces a selection of innovative new devices, bringing even more creative possibilities. Check out Beat Repeat, Phaser, Flanger, Auto Pan, Saturator, Arpeggiator and the updated Simpler. Details...
Live 5 also brings countless improvements to existing features; for instance, you can change the properties of multiple clips at once, resize and minimize the width of tracks in the Session View, use right-click context menus for most functions and use a count-in for recording. Version 5 is even easier to learn thanks to a new set of lessons and an improved lesson reader.
On this occasion, we would like to express our special gratitude to the Live users. Your support has allowed us to augment the development team with new talent, helping us to make Live 5 such an early reality!
MIDI
Complete sequencing, combination and reorganization of MIDI clips
Straightforward MIDI recording, editing and pattern creation
MIDI bank and program change settings for individual MIDI files
Graphical MIDI controller data for intuitive drawing and editing
Play MIDI notes with the computer keyboard
Manipulation of MIDI timing through adaptive quantization and swing/groove settings
Drag and drop import of Standard MIDI files and their individual tracks
Export of MIDI tracks and patterns as Standard MIDI files
Audio and Remixing
Preview and combine AIFF, WAV, Ogg Vorbis, FLAC and MP3 audio files of any sample rate, size and bit depth
Real-time time-stretching of any audio file to play in sync with the project tempo
Auto Warp — automatically detects the tempo of audio material and sets Warp Markers
Sample reverse of individual audio files
Rhythm and time warping for audio tracks, notes and sections within audio files
Real-time swing and groove manipulation of audio files
Clip Envelopes — complete control of volume, pitch, timing and effects for segments or notes within audio files through drawn curves
Flexible audio file exporting
Clip Transport — scrubbing, nudging and navigation within files
Live Clip format for easy storage and retrieval of musical ideas, including associated devices and settings
Recording and Sequencing
Comprehensive audio and MIDI recording and sequencing
Unlimited 32-bit/192 kHz multitrack hard disk recording
Detailed on-the-fly recording and editing (with continuous breakpoint envelopes) of automation for mixer, effects control movements and song tempo
Complete nondestructive editing with unlimited undo
Track Freeze for conserving CPU resources and simplifying project sharing
Track Delay controls for managing human, acoustic and hardware delays
Drum machine-style loop/overdub recording for building MIDI patterns
Punch-in and -out points for recording
Count-In recording
Creation of perfectly cut samples and loops through optional record quantization
Launchable Arrangement Locators
Instant resampling of audio and MIDI while the music plays
Multi-selection clip editing
Mackie Control support
Playing and Performing
Nonlinear audio and MIDI file organization and triggering for imaginative recombination and improvisation
Audio and MIDI files can be mapped to MIDI keyboard ranges and computer keys for instant triggering
Detailed control over the launch and play properties of individual files
Follow Actions — create groups of files that can trigger each other to generate specific or random output
Scenes — configure groups of files that play simultaneously, store tempo changes and advance automatically
DJ-style crossfading between any number of tracks
Hands-on control of any interface element with a MIDI controller or the computer keyboard
Flawless recording of all aspects of a set for later in-depth editing
Effects and Instruments
Ableton Audio Effects: Auto Filter, Auto Pan, Beat Repeat, Chorus, Compressor I, Compressor II, EQ Four, EQ Three, Erosion, Filter Delay, Flanger, Gate, Grain Delay, Phaser, Ping Pong Delay, Redux, Resonators, Reverb, Saturator, Simple Delay, Utility, Vinyl Distortion
Ableton MIDI Effects: Arpeggiator, Chord, Pitch, Random, Scale, Velocity
Ableton Instruments: Simpler, for creative sample-based synthesis, and Impulse, for dynamic percussion sound design
Endless expansion through VST and Audio Units Plug-in instruments/effects and ReWire
Automation and remote control of all instrument and effects parameters
Device groups for saving multi-effect combinations together with instruments
Plug-In Delay Compensation automatically compensates for delays caused by effects and plug-ins
Routing and Sync
Track-to-track I/O routing for complex mixes, post-effects recording, MIDI-to-audio conversion, submixing and synth layering
Individual instrument outputs and multi-timbral instrument input and output routing capabilities
Private cueing and previewing through separate audio outputs
Complete MIDI control of ReWire clients
Intuitive signal flow management of effects and instruments by drag and drop
Pre- or post-mixer effect grouping/bussing on up to twelve sends/return tracks
Tempo sync to any external source through MIDI Clock master or slave; MIDI Timecode slave
Audio and transport sync through the ReWire protocol as master or slave
Unlimited audio and MIDI tracks
Unlimited audio and MIDI inputs and outputs
ASIO, MME, DirectX and CoreAudio audio interface support
Also includes...
Valuable Live Pack library of clips, device presets and Live Sets
Built-in program tutorials and starter sets
Printed reference manual*
Multilingual program help and PDF manual in English, Japanese, German, French and Spanish
* Available in Live 5 boxed version only.
Macintosh System Requirements
Any G3 or faster
512 MB RAM recommended
Mac OS X 10.2.8 or later
Windows System Requirements
600 MHz CPU or faster
512 MB RAM recommended
Windows 2000/XP
Windows-compatible sound card
ausführlichst
hier
also ich bin ja stolzer besitzer ner "legalen" 5 version 
werd jetz ja nur mehr damit produzieren..dann hab ich ein programm im "studio" und auf der bühne... 
