Well let me totally up front about ASIO.It has always been a real iffy thing using it with either RB or BIAB however I was one of the folks who's system, for one reason or another, seemed to work fine with ASIO. I never used it though as I don't need it and can't take the chance of faltering during performance.I use the same ASIO drivers with other programs to play soft synths using a keyboard and it's perfect. 2 mss latency. Not using RB or BIAB when I do this though. Strictly a standalone synth.
To the meat of things. I went to test some things for you and all I get in both programs is " error starting asio driver" so now I don't know. Not sure when this started as I said I haven't tried asio for some time with RB.
I use my internal card which is an old AC97 device that typically doesn't have asio drivers. I've been helping the developer of a native asio driver for these cards and keep in contact with him. I've explained this issue to him back in November so it was before 2012.He comment that RB & BIAB have some kinds of differences that do make asio iffy. At one point way back he made a change to his driver to accommodate these programs.
Now if you go back to WDM, pg still calls it MME, go into PREFS/AUDIO and set the audio output buffers way down. As low as is possible and try your effects while playing the tracks. You'll abandon ASIO as the WDM for this purpose are just as good.

John
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