Akai Professional is now shipping the MPD32 pad controller.
MPD32 is Akai Professional’s flagship pad controller for musicians and DJs. Using a USB cable to connect to a Mac or PC, MPD32 is designed for hardware control of apps like Reason, Ableton Live and GarageBand.
MPD32 also features transport controls for interfacing with DAW/sequencing applications like Sonar, [...]

Puremagnetik has released Metalsphere, a sound design toolbox of intense soundscapes, suspenseful textures and horrific environments.
Description:
Metalsphere contains a huge array of sonic possiilities. With up to four individual distorted and layered sound sources, users can easily tailor their individual textures and signal levels. Sound designers, film composers and producers alike can each find something in [...]

2008 Summer NAMM Show: Alesis has announced that it is including Ableton Live Lite 7 with its USB and FireWire mixers and audio interfaces:
Alesis is now bundling Ableton Live Lite 7 with the following mixers and interfaces:
iO|2, iO|26, iMultiMix 8 USB, iMultiMix 16 USB, MultiMix 8 USB, MultiMix 8 USB 2.0, MultiMix 8 FireWire, MultiMix [...]

This video, from Ableton, is an intro to the new Orchestral Instrument Collection for Live.
It’s a little cheesy - but it’s also cool to see it working within Live.

Ableton has released of Live 7 LE, a cheaper “lite” version of Ableton Live 7. Live LE is limited to 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 7 LE Features:

Studio-quality recording up to 32-bit/192 kHz
Sixty-four audio tracks and unlimited [...]

Littlescale demos syncing Nanoloop, a real-time Gameboy sequencer/synth, to Ableton Live:
Part 1

Nanoloop on a Gameboy (whose audio is coming in on track 2) is synchronised to the drums playing in Ableton (track 1). This is to test out a new interface I have been working on that syncs Nanoloop to a MIDI clock.
Part 2

i3L (pronounced “i thrill”) is a freeware music controller app,  developed using Max/MSP from Cycling74 and is a support application for akaRemote by Masayuki Akamatsu.
And guess what? You can use it to control Ableton Live!
i3L receives pre-defined UDP messages from akaRemote.app running on the iPhone, scales the values to MIDI, and allows you to configure [...]

Telekenisis is a tool for remote control of Mac application using your iPhone.

The iPhone seems to becoming the new “because it was there” controller for Ableton Live.

Nanoloop on a Gameboy (whose audio is coming in on track 2) is synchronized to the drums playing in Ableton Live (track 1).
Says littlescale - “This is to test out a new interface I have been working on that syncs Nanoloop to a MIDI clock.”

Ableton has released Orchestral Instruments - four sampled instrument collections representing the four sections of an orchestra. The instrument collections are available individually or as a bundle.
The Orchestral Instruments are seamlessly integrated into the Ableton Live environment and use a technology called SmartPriming to manage system resources efficiently, providing big symphonic sound with a minimum [...]

Tonearm has announced the release of Vitamin L, a free system of over 100 shortcuts and tools developed for speeding up the workflow in Ableton Live.
It combines accelerated access to most frequently performed tasks with many functionality enhancements.
Features:

Context-sensitive mouse wheel assignment.
Easy keyboard access to many clip properties and envelopes.
Quick modes for adjusting clip gain, pitch [...]

SonicTransfer has announced the official release of their Ableton Live Skin Editor. It lets you make custom skins for Live so you can have it your way.
They’ve also got a growing library of skins that you can download.
People are going to eat this up - but it seems to me to be the sort of [...]

Ableton Live 7 LE is now out - offering most of Ableton Live 7’s new features.
Here are the details:
Features:

Studio-quality recording up to 32-bit/192 kHz*
Sixty-four audio tracks and unlimited MIDI tracks per project
Powerful and creative MIDI sequencing for software instruments
More than twenty built-in audio effects, including a host of creative delays, filters, distortions, studio compressors and [...]

Emusictips has an explanation of how to control Ableton Live with your iPhone.
This type of thing is fascinating to see - but will it ever be more than a gimmick?