Setup was a breeze, and I downloaded the latest MPC Software 2.4. The MPC Touch acts as an external soundcard, which at first I didn't use since my RME Babyface is far superior, but you have to 1. use the MPC Touch as an audio interface if you want to sample from the phono-in and monitor, and 2. using my RME Babyface as the audio driver causes the MPC 2.4 software to crash if I use any of the included Air effects plugins as inserts.
If I use the MPC 2.4 software inside of Reason, however, it's fine on my RME Babyface. So I decided to use the MPC Touch as an audio interface when I need to sample and run standalone, but use my RME Babyface Pro for everything else.
I love the pads - they're thick but sensitive. The touch-screen essentially serves as an extended desktop display and controls the MPC 2.4 software with a specialized GUI/UX on the extended touch display. This is very different from how the MPC Live works (which actually runs the MPC 2.4 software on the device itself unless you are in controller mode).
I can also have the MPC Touch go into MIDI controller mode and use it as a pad controller for Reason devices like Kong, etc.
Anyway, I'll probably keep this. Time to put my M-Audio Trigger Finger Pro up for sale!