Thanks again you guys. You're both a great help. Well, I 'think' I've got things set right so I'll just not touch it ever again !! ;-) - I had to tweak some settings in the playback and recording devices as to exclusive use / whether to listen through it etc. and now ASIO M-Audio drivers are playing nice with RB and Win7... I can record, punch in etc. just fine.

Thanks again... (I may be back though)