yes. all the inputs (audio) of a 1010lt can be used at once to record audio signal, each one on an individual track in your rec software.
if you have two outputs, that you can record at the same time only two track (usually left and right)
using delta 1010lt you can record up to 8 tracks, indivicualy, at the same time.
that is pretty much...

about 24 bit 96 khz, let me tell you is no way to feel the difference between this and 192...
and keep in mind, a cd supports 44,1khz, 16 bit.no more than that!

this issue of 24/192 vs. 16/44,1 is not that important after all. a good piece of music recorded at 16/44,1 sounds always better compared to a pour music recorded at 24/192.

rather than hardware, your music speak!!