Well here's my take!
I use an M-Audio Delta Audiophile PCI soundcard with good old Windows XP SP3 & Sonar Pro 8.5. To date, I've never had a problem or stability issues but will shortly be switching to a new Windows 7 64-bit Pro rig so we'll see how it fares.
However, I have to agree with the points already raised here that I used to love M-Audio until they got bought by Avid which was the worse thing that ever happened as the support was terrible & if you wanted quick phone support, you had to pay a stiff charge upfront! I also found them very slow to update drivers.
In fact, I used to have a number of their interfaces like the MIDIsport 2x2, 4x4 & 8x8 but got fed up with waiting for driver updates so I sold the lot! Well, I've still the 2x2 as that one seems to get driver updates in a reasonable time. I exclusively use Edirol/Roland UM series interfaces now & even for their discontinued products, they were still quick to update all the UM series to Windows 8 drivers. How's that for customer support & loyalty? I've always felt that you can trust good old Roland.
So on that basis, I won't buy another M-Audio product again!
Saying that, as they've been bought out by another company, I may give them a go & see if things have changed otherwise, it's an essential avoid for me...