Reply to This is too awesome!

I managed to make my dream setup become reality! All I had to do is following:

1. Start JackOSX

2. Route the audio from Traktor to Ableton via the VCI-400's awesone soundcard

3. Put the audio in Traktor to external mode to "remove" the control over the volume faders

4. In ableton, check in track and remote in the MIDI settings

5. Mapped the volume faders and cue buttons in ableton

And the result: I now have seperate audio channels that I can control the audio, cue and add VST's and effects that I can use in combination with the current effect presets in Traktor (such as the jog FX), will post screenshots when I get home from work