hey thanks for the quick reply. unfortunately im still having the same problem. this is still recording the sound from track 1 in track 2. how would i still listen to track 1 to like get my timing right and everything, but only be recording from my guitar and not from track 1 also? thanks again. [/B][/QUOTE]
I totally get what you are saying, I do that kind of thing all the time. I don't know what kind of equipment you have available to you, but if you have even a simple mixer with effect or monitor sends, you can plug your mic or guitar or pedal whatever into the mixer then use the outputs of the send to feed directly into the recording input of your sound card the sound from your live guitar only, while listening to the blend of both (assuming the output of your sound card is hooked into one of the mixer's channel as well). This is a over simplified explanation, if you listed all your gear it would be easier to help you.
Also make sure that you have "simultaneous playback and Record" enabled.
also, what Showdown said was good, but I'm not sure that he was thinking about the hardware side of the equation.