I've been looking for a looping patch that was a cross between ableton live and some other applications i've tried such as ambiloop. I couldn't really find what I wanted so I made my own using a lot of help from this site. So I figured i'd give back and help out anybody who was looking for the same thing as me, feel free to reuse or modify, but i would like feedback or suggestions on what i could improve or the direction you took the project. You can download the .zip from my website here.
http://www.jordancolburn.com/diy-music-projects/recursion-looper