Just FYI: I've heard from some people who bought this that the reason this unit has dropped in price so much is that there are problems with real-time latency when trying to apply plug-in audio effects with programs like Cubase. Apprently if you sing into it and apply an effect like reverb, you'll get a disagreeable amount of delay that'll make it very difficult to sing on cue. The other reason this is being blown out is because there are a host of hot Firewire and USB 2.0 audio interfaces coming out this summer.
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Jim Eshleman