Let me know what you guys think. The link provided also has my other transition FX racks too. Check them out as well.
http://sapoav.com/files/live-files/index.php
MasterGater
Audio Gate rack for Ableton Live.
This rack is based on Live's Autopan device, which is a little more forgiving than the Beat Repeat device as a send effect or just in general.
The Dry/Wet knob controls the signal routing from a completely dry signal to a 1/4 note gate, all the way through a 1/32 note gate. There is also an Attack (Offset) control for controlling the cut into the note forward and backward, as well as a Release (Shape) control for adjusting how sharp the cutoff is after each gate cycle.
NOTE: This effect, while in use (not in the Dry position) will effectively convert the processed audio signal to mono...