Okay, I read a lot of posts on this topic but many seemed to be 12+ months old.
I just upgraded to 4.1 and am enjoying the MIDI functionality. But, my external keyboard is being triggered way too early. I, too, have been looking all over for something to cause some latency on the MIDI being sent out of LIVE, but to no avail.
Is this really the bottom line? There is no fix for this right now?