Guys, what do you think about
the M-Audio OmniStudio or OmniStudio USB for my needs? (solo hobbyist -- beyond vocals, electric guitar and a midi keyboard controller, the most I'd want to do is 2 mics on an acoustic guitar).
From what I read, the OmniStudio is essentially a hardware mixer in a little box designed for the lone musician and allows you to keep your external gear and mix it all in. It uses the Delta 44/66 converters and drivers. Apparently ideal for any home musician wanting to record live instruments and maybe has external gear too.
M-Audio also have a USB version of the OmniStudio and in doing so apparently addressed the one problem with the original - it has a MIDI interface and it's also laid out much better. It does, however, highlight the limitations of USB1.1, which is if you are recording in 16bit 44.1kHz then you can do 4in and 4out, however if you are recording in 24bit 96kHz then you are restricted to 2in and 2out. I've read this shouldn't really be a hardship for most people who would rarely use more than 2in or out.
Here's what the M-Audio web-site says about the OmniStudio USB: "OmniStudio USB is more than just an interface—it’s a complete mobile audio/MIDI workstation. Based on our award-winning Omni Studio, it puts everything you need for audio and MIDI recording, monitoring and mixing into one easy-to-transport package. OmniStudio USB is a 4 x 4 audio interface with two extremely high-quality mic/instrument preamps—perfect for tracking and overdubbing guitars and vocals. The built-in mixer (14 ch.) combines your computer-based tracks—complete with effect sends and return—with four stereo aux inputs to drive an elaborate direct monitoring system. One simple USB connection gets you more connectivity, flexibility and core studio functionality than any other USB audio product available today."
Might the OmniStudio USB be a good 2 in 1 choice for me to therefore not need to buy a separate mixer and soundcard, and possibly a less expensive solution for me all around?