The key difference between a live dump versus a crash
dump is, of course, that HP-UX continues to run while the dump is
in progress.
The good news is that users of the system
continue to work, and are unaffected by the livedump process.
The bad news is that, because HP-UX continues to run, data structures
within the operating system continue to change during the dump process
yielding a less accurate picture of the system at the time the dump
was initiated. Therefore, the dump saved by livedump can contain some data structures in an inconsistent state. Also,
the cause of an event you are troubleshooting might be overwritten
(and therefore lost) by ongoing system operations.