Hi Rob,pHz wrote:... SLIGHTLY more complex (in terms of steps) in live5 ... select the plugin to replace ... hit 'delete' key ... drag a new plugin into its place from the browser menu ...
A quick tip - if its a synth you want to replace you don't need to do that in fact. You can simply drag the new synth straight from the browser and onto the track, at which point Live will delete the old synth and insert the new one in one single step. You can't get simpler than one single step