The only reason to have input echo on is to monitor with FX. If FX is not used there is no reason to use input echo. There is one other reason to use input echo and that is if you have a device such as a keyboard that is direct in to you sound card and you have no other way to hear it. To avoid having to use input echo get a mixer.
Sometimes I wonder if people are micing a guitar amp and using input echo too.
Singers have a built in input echo its called their ears. If you have to have reverb while singing get a mixer or record in the bathroom.
Although good drivers for good sound cards allow low latency recording nothing beats a good mixer.