Time adjusting days in LE are over?

It looks really cool, but after watching the videos sounds to me like there are some phasing issues when using the hardware insert. Just me?

Also lets say you are tracking with dfhs, that has around 10ms of lag (give of take). Could you use this plugin to help if you were tracking with dfhs on? If you are software monitoring you would be just increasing your latency? Or if you record your guitars and they sound in time with the latency from dfhs, putting that plugin on would cause your guitars to out of time by 10ms?

Sorry Im quite tired (4am) and trying to work out if I actually need to get this or not.

Cheers!