Hello Edward,
Thank you for contacting Cakewalk Technical Support. Download and
install the latest drivers from
www.creative.com, or if you have the
latest drivers, reinstall the ones that you have. Then, delete the
files AUD.INI and TTSSEQ.INI by going to Start | Search for All Files
and Folders. Next, under Options | Audio | Drivers, only select your
sound card wave in and out, do not select any voice modems or other
driver.
Otherwise, go to Options | Audio | Advanced and put a check where it
says Always use MME Interface (or change the Driver Mode to MME).
Close the program and re-open it. The Wave Profiler should run tests.
You should now have more devices listed under MIDI Devices and Audio
Drivers.
The SB Live 24 and Audigy record audio best at a 48k sampling rate. Go
to Options | Audio to change this and start a new project.
I hope that helps.