hi mate. yeah i installed hubis and selected my input as LB1 and my ouput as the midi out on my soundcard. I then told cubase and sounddiver i wanted to use LB1 as the midi out, and both programmes shared the port.
go here for the prog
http://www.geocities.com/SiliconValley/Vista/2872/hmidilb/hmdlpbk.html
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cya
sav