"The BBCut Library began out of work on an algorithm to simulate the automatic cutting of breakbeats in the style of early jungle or drum and bass [Collins 2001a]."
LiveCut syncs to the host tempos and creates phrases by splicing and repeating small chunks of the input in order to create ever evolving syncopated rhythms. It currently implements a mix of CutProc11 (classic gimical DnB) and WarpCut (named after the Warp Label).
LiveCut is planned for release for Windows and Mac OS X as a VST effect and possibly also an AU effect.