so I checked it out, and the only thing that box is capable of sending to a computer is the stereo mix output (all the channels at once). you can not record multiple channels independently with that device. you need a multi in/out sound card and a mixer with independent channel ins and outs to do what you're trying to do.
may I recommend you start by examining an m-audio delta 1010. cheap, reliable, 10 ins, 10 outs. also look to see what sound cards e-mu might have available. theirs are also cheap and reliable.
_________________
www.myspace.com/alanselectronicmuse