Ableton has released an LE version of its Live 7 sequencer. Ableton Live 7 LE is based on the same principles as its professional-level counterpart, but priced more affordably for users.
Ableton Live 7 LE has most of the features of Live 7, including recording up to 32-bit/192 kHz; sixty-four audio tracks and unlimited MIDI tracks per project; MIDI sequencing for software instruments; VST and AU effects and instruments support; and multicore and multiprocessor support, among others.
There are limitations to the LE version. You can only have two simultaneous stereo audio inputs and outputs, twelve built-in audio effects, eight built-in instruments, two AU/VST effects and two AU/VST instruments per project.
Live LE is available for download from the company’s Web site and costs $149. The boxed version costs $199.