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I have an M-Audio NRV10 for almost two years now that does the same thing via firewire with all types of vst ,fx and so on, can get very creative.
It will also link with abelton live protools recording software and record any session with music and vocals plus edit and add fx later or patch live through your mixer adding any effect at will to any channel and feed back to the computer to record.
Good Tool to have...
Joe......
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