I would try an external interface. USB interfaces with ASIO drivers.
I have tried to get MC4 to play sound through it's internal sound card. I've set it up every way I know and have NEVER been able to get a single peep out if it. It works like a champ on my external interface however.
Do that before you call it quits on trying to get it to work on W8. Even though it is 32 bit..... with a good interface running ASIO it might still work fine on W8/64. It's worth a try if you have or can borrow a quality interface.