I started out intending to use Ableton as part of my Eurorack set-up. My conclusion was that it's just a very clunky solution that requires lots of compromise and pre-planning. I found that keeping everything "in-the-case" to be a much smoother workflow. At the end of the day it's about getting the sounds that you WANT rather than trying to manage an ad-hock set-up.
$0.02. Your results may vary. But don't get locked into a solution that looks good on paper but is a real pain in the ass in reality.