After I was going nuts over Ableton Live 7.0.2 not working on my PC
the splendit efforts of the ABLETON suport team has done a fine job:
After a reference on my last logfile they asked me to rename my
Template.als. (meaning my Template.als was somehow corrupted)
THAT WAS IT!
I had to reenter my product key - and BANG - I woke up in Abletons
Blue Skies of endless DAW - pleasure.
Greetings, Dandy Dust