The reason I startd this thread, is that my singer was annoyed by the latancy delay he was getting in his headphones a week and a half ago. I'm doing vocals on the project too, and I can handle the delay, but he was uncomfortable, so I sent him home with the promise that I would fix it. The problem wasn't there when I ran win XP with the ASIO driver (a great low-latancy solution), but when I upgraded to Win 7, major problems. I searched on google and You Tube and found out I wasn't alone. I basiclly gave up on the idea of making ASIO work for Win 7. I know I need to upgrade my interface, sure, and go beyond pentium 4, but in the meantime, us mere mortals have to make it work so.....
I had my singer in today, and the session went great! Still had the latancy problem, but with the "Mondo Methed" of getting around annoying latancy delay, It became a non-issue.
The "Mondo Method" only works if you use outboard gear with at least 2 outputs (one to your DAW, and another to your headphone monitor system.)
My outboard chain is - Phantom powered studio mic > Tube preamp > compessor/limiter
Since my preamp has both XLR and 1/4 outs, I run the XLR into the C/L and then DAW, and from the 1/4 inch, I ran a guitar chord straight into the monitor unit (in my case, a Boss BR-1600)
When we lay down tracks, I don't arm the monitor botton on the track controls (where the nasty latancy delay resides), and my singer gets a normal quick signal response in his headphones.
I know you guys cringe at any outboard gear that might contribute to floor noise, but my outboard gear is of good quality, floor noise is low, and everthing worked out great.
Looking forward to geting an i5 or i7 PC soon, and a better interface, but for know, I'm back in the game!