I'm also having the same problem as sohho. I had to reinstall windows, and when I followed the directions in the first post for Windows 7 x64, the result was no sound at all whatsoever, directions that had worked for me three or four years ago on Windows 7 x64. I have been able to get sound by installing 5.40a by itself and 4.60b by itself, both through setup.exe, compatibility Windows XP SP2, as well as letting Windows Update install its own audio driver that doesn't give me the control deck, but kernel streaming will not work in winamp regardless of how I mess with the settings. The only way I've been able to get kernel streaming to work in winamp is by installing the drivers version 5.60c (no compatibility mode), but no matter how I fiddle with the channel and sampling rate settings, I can't get output out of any jack but the green. Has someone found a way?
A note about the instructions for Windows 7 x64 in the original post: I can install 5.40a fine, restart, and when I go to device manager to update the driver with the 4.60b files, I point it to the directory. If I choose to let it scan automatically, it says my drivers are up to date, if I choose to choose which driver to install manually, my only choice is "VIA Family Audio Controller WDM" and there's no option to install a 64-bit version.
Another weird note, and the most inexplicable thing about this mess: I'm using the same install disc as when I originally installed Windows 7 and the procedure in the OP worked. What could have possibly changed to make Windows 7 reject these drivers?