The "best" configuration usually depends on specific requirements. You've mentioned wanting the "maximum out of a Sound Blaster Live!." Is this in an academic sense, or something truly usable? Are third-party accessories being considered?
There are a number of limitations that come into play when cascading Creative's SB Live! expansion accessories. Generally, any inputs (analog or digital) are only going to be active on the first expansion device, although the Live! Drive gives you some undocumented flexibility in this regard. In addition (and you probably won't see this mentioned elsewhere), I'd also suggest the use of ferrite ribbon-cable cores between expansions.
If you want a setup that checks nearly all of the boxes, while still providing both front and rear I/O, it looks like you already have the equipment to do so:
[CT4620]βββββΊ[CT4860 or SB0010]βββββΊ[CT4660]
Personally, I like the Live! Drive for its dedicated headphone out, but if that's neither needed nor desired, here is a simpler configuration that has appeal as well:
[CT4620]βββββΊ[CT4770 w/CT4800]
Things don't really become interesting until a person either needs or wants S/PDIF or optical rear-channel digital output though, at which point you might end-up with something like this:
[CT4620]βββββΊ[CT4710]βββββΊ[CT4660]
Or this...
[CT4620]βββββΊ[CT4710]βββββΊ[CT4770 w/CT4800]
Or this...
[CT4620]βββββΊ[CT4710]βββββΊ[CT4710]βββββΊ[CT4660]
Or, throwing a Live! Drive back into the mix, perhaps something as complicated as:
[CT4620]βββββΊ[CT4860/CT4861/SB0010]βββββΊ[CT4710]βββββΊ[CT4710]βββββΊ[CT4660]
Academically, and with only compounding EMI/RFI and signal degradation to spoil the fun, you can also cascade multiple Live! Drive variants as well, for the most ridiculous configuration the world has ever seen:
[CT4620]βββββΊ[CT4860]βββββΊ[CT4861]βββββΊ[SB0010]βββββΊ[CT4710]βββββΊ[CT4710]βββββΊ[CT4770 w/CT4800]