ExtendLive.com has released a free Live pack that features multitap delay effects:
Time Designer is our debut Live Pack containing 50 advanced multitap delays for Live 8 and a 10-step tutorial for creating and customizing your own delays using only Live’s built-in devices.
Time Designer features: 50 advanced multitap delays for Live 8, annotations for all presets, a 10-step tutorial and an example Live Set demonstrating some of the presets.
Massive Attack live engineer talks design and more
A whole host of modules and updates to the line
Extract Multitrack recordings from a single session