|And this is if I choose to go Comp as source correct? Which is an open possibilty for me. I play a few games and listen to alot of music on my PC (ripped with winamp to FLAC (flake?)) and, curse me for saying this, really enjoy using winamp to drive my k240s. I have also looked at the Onkyo SE-200 as an option for a sound card, how would the Onkyo compare to the M-Audio, since they are both the same price?
I'm not sure about the onkyo, but I can tell you that the emu 0404 usb has a very clean sounding headphone amp. Its not the way to go for games however. I would say you should get a seperate internal sound card for gaming, like a x-fi or something, and use the 0404 usb exclusively for music.
I dont know which M-audio product you're talking about, but they do have something similar in the Audiophile USB. It looks like the E-MU 0404 USB is better than the audiophile in terms of specs, and not much more money so you should get it.