Novation has announced the Launchpad S. This next generation of the Launchpad can control multiple digital audio workstation software and even be connected to the iPad. But of course it will be used primarily to launch clips in Ableton Live.
The pad lights are brighter than those of the old Launchpad. Unfortunately the pads are not velocity sensitive. This makes it less suitable for tapping drum patterns. The Launchpad S costs 170 dollar, which is a lot cheaper than Ableton Push.