From Matt's blog at http://line6.com/blog
Line 6's Propellerhead Product Specialist Matt Piper demonstrates the features available when using the POD X3 Live as a recording interface with Propellerhead Record.
Propellerhead Record (and Record Reason Duo) have been replaced by Reason 6.5. Reason 6.5 has everything you see in the video plus powerful new features including new effects devices, thousands of new presets, sounds, and loops, and support for 3rd-party Rack Extensions.
Here is a link to the entire playlist of Propellerhead videos by Matt Piper at line6movies: http://www.youtube.com/playlist?list=PL805B781589CF801D