Thank you very much guys…
I recieved the following from BMD’s support team:
<< Hi Orwa,
You should be using OS 10.4 with our v5.x driver and Final Cut Pro 5
for multiple audio channel capture. We do not support 10.3.9 as this
configuration has been reported to be problematic by man of our
customers.
Regards >>
But will try QT7 first as it is compatible with 10.3.9 as apple.com says!