don't waste your money on it.. it sells for around $170-220 from what I can remember.. I'm telling you, for a extra $50-100, you can get a real audio recording setup that will give you much more flexibility.. and I'm particularly speaking of the M-Audio Omni Delta 66 (breakout box with a crap load of inputs, phantom power, XLR inputs, etc etc) and the Delta 66 card.. The SB Audigy 2 doesn't have near as many outs/ins, nor does it have phantom power for mics.. And I used the original Audigy w/live drive, it was ok, but your going to be limited in what you can do with the Audigy 2, you wont have the same flexibility as what the M-Audio or any other pro card offers.
Anyhow, don't waste your money on a off the shelf Best Buy gadget that is not a true audio recording card.. go for the something that won't restrict you and have you hitting bottlenecks everywhere you turn (both in hardware/software captibility and sound quality)..
Trust me, I thought I could get away with just using the SB Audigy, but when I switched to the M-Audio, it opened up a whole new world.
Also, you need to be aware, the SB is not going to have the same latency performance as higher end cards. It's just a gaming/music playing card.