Use Traktor Timecodes with Ableton
I stumbled upon this AWESOME sounding piece of software for Ableton/Max for Live… Time TunnelxL 
http://www.komika.org/komika/overview/time_tunnelxl/50950;jsessionid=oko2x289mtev
It allows the decoding of NI Timecode Records/CDs for use in manipulating WHATEVER YOU WANT in Live… I will post results of my experimentation!
mmauve
3
I always love learning about the possibility of using timecode with vinyl, my only question is how fluent and precise it is
dont expect to be able to scrub clips in live - there is no live api control for that just yet 
And yes, i doubt the tracking will be as good as mspinky because it hasnt had nearly enough time to mature
