On the few occasions that I have found it useful, I’ve used Live Trace to create vectors from a 1 or 2 color logo that I only had a raster of. It’s not bad at that, though you rarely get a professional print quality output as it’s still hard to get really clean, straight lines and of course it depends on how high of quality your source file is. I have used software at a former job that was proprietary to them and did not have any kind of vector export feature so I would make a .jpg of a technical line drawing in the software and live trace that in illustrator. Results are hit and miss most times and really depend on how much time you want to spend tweaking the settings and how high of quality you want the final output to be.

Like all programs that I’ve ever tried out that promise easy vector conversion, I’ve usually found that I can actually trace it faster myself and get MUCH better quality without a lot more time invested. In every program I have ever seen you could easily spend as much time cleaning up the vector trace as you could drawing it right the first time.

What are your thoughts on the Live Trace feature in Adobe Illustrator? Do you use it? What do you use it for? Have you used other software that works better for vector conversion? Let us know!