Yes, it is.
I'm still trying to figure out how to really integrate with my receiver in such a way that I can easily use it for both music listening and my (admittedly amateur) voice-over/music processing for my (admittedly even more amateur) film projects.
When I've some more money and more interior "real estate" to work with, I'll definitely clean this mess of a system up, but for now I'll just have to make due this way.
If the way I've figured it out works, then I think I've pretty much got all my bases covered... Just the same, I'll type out what my plan is here, so that if there's an obvious flaw maybe someone can tip me off before I waste too much time.
For Music Playback:
PC: Begins with 1/8, adapter takes it to 2xRCA, input to receiver 2xRCA "DVD."
CDP: 2xRCA output to Receiver 2xRCA input, "CD."
Receiver: Tape Out 2xRCA, Adapter to dual mono 1/4, Aphex 1/4 inputs.
Aphex: dual mono 1/4 Outputs, Adapter to seperate RCA's, RCAs on Receiver, "TV."
For Recording:
Use Extra PC 1/8 Line Out, Adapt to 2xRCA, Adapt RCA's to dual mono 1/4 and Input Aphex
then
Output dual mono 1/4 Aphex, Adapt to seperate RCA's, Adapt to 1/8 and input PC
so i'll have to switch around the cabling a bit when i do this, but that's no big deal.
then I'll just set CoolEdit to record that input, then play back the track from a second Cool Edit window, then play back the resulting track directly through the Receiver to get an idea of how the adjustments are working out.
I know the noise level is going to suck for recording, but I think it will still sound a lot better than the other students' projects and I won't have to work around the sound studio's scheduling.
Does that sound like it will work out ok? If you see a better way of doing, let me know.
I know bugger-all about setting up a proper recording system, I'm really just beginning to get into this so that I can do the audio for my projects in my own flat at no added expense and at greater convenience.
Thanks again for all your help!!!