This is our mostly MIDI-only alternative to our Ableton Default Basic Template. Check that page for all the features. The main difference with this one is that most of the channels (especially drums, bass, & synths) are MIDI and use Ableton simpler or leave space for your instrument of choice. We all have our own preferences on which approach is better, however one benefit of opting for MIDI over Audio is flexibility as you can easily audition sounds and swap them out as you go. 
 
Project file uses all Ableton plugins with only a few third-party plugins by Valhalla for the reverb sends/returns channels. These plugins are optional and can be replaced with any reverb plugin.