More about Ableton Live 5

This is from a newsletter from Ableton:

Ableton proudly presents Live 5, the team’s broadest-ever
development effort of their award-winning music software solution, Live.
Live 5 presents a wealth of new features and enhancements that cater to
the musician’s entire musical process – creation, production and

Version 5 adds our users’ most sought-after features along with an
abundance of innovative new sound-shaping and organizational tools. Most
importantly, Live 5 strengthens every aspect of Live while making the
program more fun and easier to use.

Live 5 includes advanced and creative DAW features to satisfy any audio

• Clip Freeze serves two purposes: freeing up CPU power and easing the
transfer of projects between computers. Unique to Live 5, “frozen” clips
retain their real-time launch capabilities, allowing for improvisation,
performance or song arrangement. A project with frozen tracks can also
be transferred from your main computer and run easily on one with
less-than-optimal CPU specs.

• Plug-In Delay Compensation automatically delays tracks to compensate
for latencies caused by effects and plug-ins, including those on the
return tracks. In addition, both audio and MIDI tracks have a manual
delay setting to compensate for human, acoustic, hardware and other
real-world delays.

• Launchable Arrangement Locators offer arrangement/song-position
markers with MIDI mapping and quantized recall. Using the mouse,
computer keys or MIDI messages, you can drop locators on the fly during
playback or recording. Each locator can be named and assigned to a
computer key or MIDI message. Jumping to a locator is subject to
real-time quantization, just like launching Session View clips and
scenes. Previous/Next buttons allow you to jump from locator to locator.

• Mackie Control Support enables full implementation of compatible mixer
surfaces such as Tascam’s FW-1082/1884, Yamaha’s 01X and Mackie Control,
allowing for mouse-free program operation. Easily navigate arrangements
and the Session View grid; launch clips, scenes and locators; and access
instruments and effects.

Get ready to remix! Live 5 ships with a host of new remix-minded
features, assuring instant remix and mash-up gratification.

• MP3 support makes your entire music library available for use in Live.

• Automatic Tempo-Matching tracks the tempo of imported songs and sets
Warp Markers for you—instantly synchronizing your files to the project

• Complex Warp Mode is a frequency-domain warping method specifically
designed to accommodate composite signals such as mixed-down music.

• New Clip Transport allows for performance-enhancing looping, editing
and shuffling on the fly for any clip in Live. Click anywhere in a
waveform to jump there—in sync and subject to real-time quantization.

Never lose ideas again! Live 5 features simple tools for saving,
previewing and accessing any idea on your hard drive.

• Live Clips. Clips can now be exported to disk for easy retrieval and
reuse in any project. The exported Live Clip not only retains MIDI,
audio, envelopes, warping and other clip settings but also the
associated instrument, effects and plug-ins. In Live’s Browser, Live
Clips are as easy to browse and preview as samples.

• Better Browsing. Live's built-in Browser now features a search field
and standard file organization capabilities such as creating folders and
dragging files into folders. In the Browser, Live Sets (.als files) can
be “unfolded” to reveal their tracks and clips—which can then be
selectively previewed and dragged in. It is also possible to drag a Live
Set from the Browser into the currently open Set to merge the two.

• New Preset Management. Presets for Ableton instruments and effects are
now managed through the Browser as well. You can organize presets in
folders at will and search for presets across folders using the search
field. A new “browse” button on every device temporarily links the
Browser to the device, allowing for easy preset recall.

• Device Groups allow you to save powerful multi-effect creations,
effectively adding all the capabilities of Ableton’s MIDI and audio
effects to Simpler, Impulse and Operator presets.

Live 5 introduces a selection of innovative new effects, bringing even
more creative possibilities.

• Beat Repeat - An inspirational, expressive and addictive audio effect
useful for subtle-to-extreme reorganization of beats and vocals. Create
short loops on the fly and control their lengths either manually or via
random functions for endless variations of grooves and stutter effects.

• Phaser and Flanger – These are both modeled after popular ‘70s guitar
effects and augmented with a beat-synced LFO (with variable waveforms)
and a unique envelope follower function. Results range from classic
phasing and flanging to drastic sound manipulation.

• Auto Pan - Offers LFO-driven manipulation of amplitude and panning. It
can create everything from automatic panning with various curves to
tremolo and amplitude modulation and beat-synchronized chopping effects.

• Saturator – Add dirt, punch or warmth to your sound with five
different shapes and a set of powerful tone controls for creating
subtle-to-drastic distortion effects.

• Arpeggiator – Offers all the classic arpeggiator applications and
more—strum notes like a guitarist, morph velocities and create
scale-corrected pitch progressions.

Other new Live 5 features:

Count-in recording
Right-click context menus
Change settings in multiple clips at once
Resize tracks in Session View
VST MIDI effect support
New Live Clips sound library
New preset library for Live devices
New and improved Live 5 lessons
Simpler now includes independent envelopes for filter, pitch and more.

Live 5 Pricing and Availability

Live 5 will be available for 499 EUR/USD (MSRP) from dealers worldwide
and from the Ableton webshop. The release is scheduled for late July 2005.

Buy your version of Live now and be among the first to own Live 5! All
customers who unlock Live 4 for the first time from June 1, 2005 until
the final release day of Live 5 will receive a version 5 serial number
on release day at no charge.

Upgrading from Live 4:

• For customers who purchased Live 4 before May 1, 2005, downloadable
upgrades to Live 5 will be available for 119 EUR/USD from the Ableton

• Boxed upgrades will be available for 149 EUR/USD (MSRP) from dealers
worldwide and from the Ableton webshop.

Accommodation for recent buyers of Live 4:

• For customers who purchased Live 4 between May 1, 2005 and May 31,
2005, downloadable upgrades to Live 5 will be available for 49 EUR/USD
from the Ableton webshop.

• All customers who unlock Live 4 for the first time from June 1, 2005
until the final release day of Live 5 will receive a version 5 serial
number on release day at no charge.

Upgrading from Live 1, 2 and 3:

• Downloadable upgrades from Live 1, 2 or 3 to Live 5 will be available
for 169 EUR/USD from the Ableton webshop.

• Boxed upgrades from Live 1, 2 or 3 to Live 5 will be available for 199
EUR/USD from the Ableton webshop.

Really impressive new features!
Maybe I will update to this version from my old version 3... But then again I don't need Midi for my music...