Your S/PDIF isn't two pairs - it's one pair input going to one pair output. I did the math and 6 analog and 1 stereo pair makes seven outs.
So, without reading the manual I'm not sure where the 8x8 comes from, but it wouldn't be the first time M-Audio created a spec that
wasn't technically correct. Maybe the 6 and the stereo pair are supposed to be 8? Anyway, if you're trying to record 8 separate analog
inputs, I think you're going to need a different AI setup. Otherwise, you may have a problem balancing that stereo channel.