yeah, this is definitely doable. I am not in front of Live right but you just have to move one of the markers that designates where the loop starts from. This defines where you "fire" the loop from and then it goes into looping like normal. I'll test it out later on and let you know.

I'm using live for a while now, since version 3 as far as I remember. It's my main DAW. Just upgraded to 7 and it totaly rocks! Drum racks and sidechain are owsome, love to play with beat repeat with them and the gate.

Old Vantaa Man its easy as Doc Jones sais, just drag horizontaly the start of the loop to seperate it from the loop brackets.

Thanks Rudy and Doc. Yes, that is the way to do it.

if anyone is using version 7 of live, the 7.02 build has just been release.
Lots of improvements and fixes - http://www.ableton.com/forum/viewtopic.php?t=84434