When trying to load a m4l patch inside live this error appears inside the device window:
"The max installation appears to be broken."
however the path to max inside lives preferences is correct and max seems to work fine as well.
I completely erased all traces of max and live and reinstalled only the two current betas. btw: I own the licences for both max5 and live8.
i am running osx 10.6.2 on a new macbook pro.