has anyone seen or have a preset that pretty much eliminates vocals from songs in Live8suite?
Do a reverse MS technique using utility. To preserve the bass, apply a 250 Hz HPF to only the left channel before doing the phase cancellation.
When the vocal track is not in the mid, you can reduce the fader level of the left or right channel to match the opposite channel's relative pan volume position for vocal channelization.
You can then output the result and layer it back against the original track out of phase to capture only the vocals into a new track.
This is easier to do with pro tools or waveform/sample editors than with Ableton, since its hard to edit at the sample resolution.
Also its easier to apply this technique to raw WAV or AIF file, NOT on MP3 files or MP3 files converted into WAV/AIF. This is because the MP3 has different bitstreams on left and right channels wheras a WAV/AIF preserves the fidelity. Also, you will have a hard time applying this technique to analog recordings converted to Digital as well. Recordings that have wet vocals (reverb/delay/chorus/etc) will also be more difficult to phase out.
Basically: Invert/phase out raw WAV/AIF/PCM if you want the fewest artifacts