Hi Bachus
I have not personally used it, but I know others that have, and yes it will work with Livestyler, (Just select the GM Sound mapping in Livestyler) however as to how many sounds you can use will be dependent on how much computer power and hard disk is already being used by Komplet 5.
Don’t worry about switching sounds, as like Kontakt (Which you already have) it can pre-load sounds, thus making them instantly available. (Something Bandstand couldn’t do)
NOTE: You will also need an iLock key.
Hope this helps
Bill
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