With LIVE mode on, Virus parts playing recorded MIDI are out of sync with the project.
With LIVE mode off, recorded MIDI is OK, but latency is too high for playing (4096 samples ~ 93 msec).
This is not a problem if you just want to paint some notes on the grid - simply don't use LIVE mode.
But what do you do if you have recorded something (e.g. a bassline) and want to play a melody along with it?
Or is it something Virus users never do?