get a windows 7 pad running ableton, get a 2 in 2 out soundcard and make yourself an effect bus. a small faderfox or similar and the djtt ableton knob mapper thing
I have a viewsonic viewpad, never run ableton off it but vst's work fine through vdj so it shouldnt be too much of an issue. you could also try to find a smaller 7 inch netbook close the lid and hide it, but not sure that would handle a lot of vst's or if 1.66ghz 2gb ram ones exist.
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