Sorry for not uploading the images yesterday but here goes:
1: Run JackOSX and apply the settings as shown on the SS (download from http://jackosx.com/)
2: Start Traktor pro and choose Jackrouter as your audio device
3: Go to audio output routing and choose external mode and select the outs as following (since we are routing traktors audio through ableton)
4: Do the same in traktors input routing settings
5: Run Ableton Live and select Jackrouter as your input device and the VCI-400 as your output device (helps your CPU alot)
6: Head for Abletons MIDI sync settings and check Track and Remote for your VCI-400, this will you to map your controller to Ableton!
7: Almost there! Now create 4 audio tracks (one for each deck) which will be receiving traktors audio, then, you will make 4 additional audio tracks which house each of your decks audio effects and VST’s. Now route your “deck tracks” to the corresponding “effect track” which will finally be routed to the master channel (where you can add a limiter/maximer/mastering tool)
8: Now map your faders to your track decks audio (make sure you set your faders “max” to 0 DB) and your cue buttons to abletons cue (note: I figured you should unmap your cueing in traktor unless, because otherwise, the LEDS will be lit when your cueing is not even on and vice-versa)
9: If you could follow my rather *hitty explanation, everything should be running smoothly, with low latency and you will be able to jam with additional effects to make your VCI-400 EVEN COOLER! 
NOTE*: I haven’t figured out how to use the loop recorder with this setup, If anyone knows how, don’t hesitate to contribute your knowledge!
NOTE**: To record your set, make an additional audio track and set it’s “audio from” to the master channel
Hope this helps!