One of the uses for Live that I never hear talked about is the "Ambient Soundscape", ala Steve Roach...
Live amazes me, the possibilities are endless in the terms of playing un-synced sounds routed through effects chains, resampling them, introducing new sounds from a mic or turntable. Whatever your heart's desire (as long as you have the processor strength)... All done LIVE!
I've performed a couple of times with Live on my Tibook 667, once with only a turntable and kaoss pads, another time using Reason (improvising musically, kind of like Harold Budd)...
Using Live in an Eno-like reel-to-reel tape system way can be very rewarding, playing out live. Not only the improvisational possibility, but back at home you have the recorded material to recycle all over again.
I remember first hearing about Live and being amazed. I wanted something like this program for years, and there it was...
Can any of you understand what I'm driving at?
-lowbot