Thanks for your comments peeps, I have just had the following reply from the Soundblaster team, which may be useful to any one updating their software.
"If it is your intention to run any third party software through the EAX system, you must carry out the following procedure (for one time only).
Open the EAX panel
Open the Speaker selection panel
Select any preset environment
Select your speaker set up i.e. 2/2.1 etc
Open and run your third party software, and the EAX control will then mark this software as 'Usable' in it's data list.
Close the EAX panel and the speaker selection panel.
Close the third party software
The EAX panel will now function in the background without loss of audio from your third party software."
IT WORKS!!!!!!
