Figured I should contribute asap since i lurk here all the time.
Follow actions: reference this thread for the basics http://www.dubstepforum.com/ableton-liv ... %20actions
Now, what I've been doing with the follow actions is to:
1)Open synth of choice. I'll use albino and make a bass sound to start.
2) Make a nice loop of 4 or 8 bars and bounce to audio
3) Make a few bounces of the same line but utilizing different (bass) tones/wobble rates/effects each time
4) stack up the bounces in a new audio track so they are all touching
5) highlight them all and then in the "launch tab" select "legato"
6) set follow action to something like 1-0-0 or 2-0-0. One or two bars is a good start point.
7) select "other" from the LEFT drop down menu accessed by the little arrows right below the follow action length boxes where you entered 1-0-0
9) Make sure to activate the "fade" button for all the clips to avoid pops in the audio

What should happen is that all of your basslines will work together to play the exact line that you wrote, but the sounds will jump around because of the follow actions. Legato is the key here to keeping the bassline playing the notes in the right timing and order.
Once this is all working, you could resample the follow action track to another audio track and chop, effect, re-resample, freq split, etc. this will help all those tiny little audio sections to blend well and sound like one instrument again.
If anyone tries this and likes the results I have a few more steps that are useful....