live is the shortcut for .on() now
//from source http://code.jquery.com/jquery-1.7.js
live: function( types, data, fn ) {
jQuery( this.context ).on( types, this.selector, data, fn );
return this;
}
also this post may be usefull for you
http://blog.jquery.com/2011/11/03/jquery-1-7-released/