In this recent interview with Henke, he discusses why they will not make a DJ version, or are even thinking about DJs that much at all:
http://www.ravemagazine.com.au/content/view/25465/191/
CP: On the subject of Native Instruments, it seems to me that recently their Traktor product has eaten into Ableton’s market share in the DJing software niche – Traktor is now the de facto product, whereas a few years ago it was Live. How do you feel about this competition in the sector?
RH: As a matter of fact, we’re not very concerned about this specific niche, because Live has a very open structure that allows users to do vastly different things. And the one thing we learnt, looking at what our users are doing, is that they are doing totally different things than what we anticipated. The segment who are using live as a DJ tool is not the biggest segment, but at the same time it is a group of people who have very specific demands. We had a period in the development of Live, maybe four or five years ago, where we were considering moving more towards the DJ user. Then we figured out that if we want to do this we’d have to sacrifice usability for a lot of other users, so we decided against streamlining Live in that direction. We actually don’t see something like Traktor as competition because we believe that if you’re into a more classical approach to DJing, then something like Traktor is much more powerful anyway. But if you come more from a Live performance background, if you want to add a few tracks on top of that – if you come from a production background, then maybe Live is the better choice.