I was in the same boat and read dosens of advice, but I was none the wiser. Adobe Audition 3.0 worked fine, but it was not willing to record audio despite the fact that I adjusted everything in Audio Hardware setup. Finally, I decided to give it up and downloaded and configured Replay Radio v7.10b and installed the ‘Enhanced Sound Card Driver’ too (as far as I can remember this option was in the “Main settings” tag). After I installed and configured Replay Radio and it worked fine, Audition worked fine too. I did this twice so my conclusion is the following: what I could not adjust in Audition manually I was able to do via Replay Radio following the configuration steps. Yes, and it works fine now…