Ableton has updated Live 7 to v7.0.5 which includes the following changes since v7.0.3:

Improvements:

• Updated manuals.
• Updated texts.
• When switching the Library to a folder on a different hard drive, a message box appears asking if the current library should copied to the new location too.

Bug fixes:

• Playing the "Clavibell.adg" preset from Puremagnetik Wavebase package could lead to a crash.
• Live could crash if the root dir of a file browser is set to a non-existing directory.
• Folders below the current selected Library folder or the current project could not be bookmarked.
• The message box with the information about the installed packages would miss a scrollbar if many packages would be installed.
• In Sampler, pan would not working properly.
• Duplicate an audio track containing a clip with certain envelopes could lead crash Live.
• Grouping a top level effect device that has any of its parameters macro-mapped would crash Live.