It's been a while since I played with this, but if memory serves me correctly, each slice gets loaded into their individual samplers (so if you have 16 slices, you now have 16 samplers). At this point you can do whatever you can think of to each slice - map each slice to a key on your keyboard to trigger, add different effects to each slice, reverse one slice etc.

Sounds cool Doc. Thanks for that!

I just read through a fair chunk of the Live8 manual and I still couldn't find that particular point - did find some great other little things I didn't know about before though.

here's a neat overview of slicing audio to midi


Live 8 looks very cool, but I have been stuck in limbo mode trying to finish up a song before upgrading (same thing for the TI os)

Holy shit, that kicks some serious butt!! Brings me to another question though; can you have the slicer slice the audio in regards to the trasients of the audio, or do you have to stick to tempo grid settings (16ths etc)?

It does get mapped out to your keyboard. Simpler is a basic version of Sampler. ;)
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Mercedes-Benz 380

yeah, you have control over where the slices will be placed. You can select default templates like 8ths and 16ths or you can go in and manually adjust where the slice will be.