This is just a suggestion, because I wasn't using this board when I was first using Live, but there are many resources that will teach you about live that you will have a hard time accomplishing by playing around and asking questions.
The built-in tutorials that you can view from the "Help" menu in the program will show you the basics, and taking a visit to ableton.com will give you basic tutorials and even some intermediate levelled ones.
The booklet that came in the box is enough to get started but won't show you as much as the web site.
If your problems are latency and hardware there's always the audio interface product manual and the product forums that most likely exist on its manufacturer's web site. (Basic hardware problems are either invalid connections or setting up the sample rates wrong in your DAW or hardware driver.)
Google, of course, is the main source of problematic information. I'd say at least half of everything I know about recording was from google searching.
A resource that I've recently found to be helpful as I had began to show a friend of mine how to do this recording stuff are a few DVDs I picked up at Guitar Center that were mostly basic stuff but had a few extra tips about miking and software mixes I hadn't thought of.
Hope this helps.
