Thanks for the suggestions, guys. Wrapping up from a long day and will try your various suggestions tomorrow evening.
Beepster, I do know about latency issues in general, but I have recorded many, many tracks with my Presonus with never an issue. Why would a problem crop up in this one instance?
As an aside, and I guess I will be blackballed for this, but I've been a Cakewalk user since Pro Audio 6. I have spent way too much money on continual upgrades, but when X2 became available, I paused. I stopped to think about how much time I had spent over the years trying to work with the software instead of recording my music. I have made a decsion to go Mac and use Logic Pro. I don't believe that I am jumping from the pan into the fire, but time will tell.
Notwithstanding my descision to jump ship, I find virtually everyone here to be helpful and truly generous in giving
their time to help fellow recording enthsiasts. For that, thank you very much.
Dan