Is there a way to record live from SP-555 to Reason 4? I don't know what instrument to create for this kind of scenario.

I want to record live because I think Ill get better results improvising and chopping it through reason..

Any ideas?

reason does not record audio if thats what your getting at. But you can do live recording on the 555 itself with the loop capture or the resample if u nned to go longer than 15 seconds.