What the hell is live?
Haha! I may be an old mpc60 dude, but not that old.
I actually own live, and updated until 6, but I never got along with it and decided the computer thing still wasn't my cup of tea. I only used it to interface with some of the artists I was working with.
My question is though, what exactly are you getting by using an mpc to sequence live? I already hate the fact that live isn't self contained and you have to use an external sample editor. Why add an extra device? I know the mpc timing is probably more solid. I've owned every mpc to date, and while they are vastly different in plenty of ways, the sequencers are very similar and I don't mean stat wise. Why not a 500 if all you're doing is sequencing? Or best yet, an ASQ-10? Nobody wants the $350 in Japan on ebay!
After all the drum programming I've done, I've settled on the 60 and the 3000. Dead simple and very well built, but most important to me is the sound. That's why the sp1200 has a special place in my heart even though its built like shit and extremely limited. If you're not concerned about the sound, get a newer mpc.
Renoise kicks Lives ass anyway

and F*CK a computer...well not a 1040!!