Ableton has announced Live 2.0, a major upgrade to its popular sequencing instrument for Mac OS 9 and Mac OS X. Version 2.0 offers several enhancements to the application’s performance and jamming features and also adds multi-track recording and editing with “Elastic Audio”. Other new features include advanced automation handling, DJ-like cross-fading, relative Session Mapping, tempo and transport controls can be mapped to MIDI /Keys, presets to save and recall effect settings, and two new effects: Gate and Redux. Live 2.0 will be available in December for €399. Upgrades from Live 1.5 will be available online for €89 for the boxed version or €69 for the downloadable version.