Great for DJs, producers and composers. Awesome to use with reason or protools.

***Live 7 Features

- Multitrack recording up to 32-bit/192kHz

- Complete nondestructive editing with unlimited undo

- Powerful and creative MIDI sequencing of software and hardware instruments

- Real-time time-stretching and warping of AIFF, WAV, Ogg Vorbis, FLAC and MP3
files, for improvisation and instant remixing

- A comprehensive selection of built-in audio effects, including a host of creative delays, filters, distortions, studio compressors and EQs

- Built-in software instruments: Simpler for creative sample-based synthesis, Impulse for sampled drums

- Instrument-, Drum-, Effect Racks for creating and managing complex performance setups, drum kits and multi-effects

- VST and AU effects and instruments support; automatic plug-in delay compensation

- REX file support and native sliced audio file creation

- Video import and export for scoring to picture or warping picture to music

- Real-time control of parameters with any MIDI controller just MIDI-map it or choose from a list of popular supported controllers for instant mapping

- Full ReWire support

- Single-screen user interface for simple, creativity-focused operation

- Multicore and multiprocessor support
Great Software for making Mashups or to do Live Performances
Mix your tracks live, make remixes on the fly!
Superb Software, i have been using this sindce the 5 series (legally) and it made me trow the crowd wild allot of times!!