The patchmix dsp, which I'm sure you are familiar with, uses 18,152k of memory and :02 CPU time on my system with 1820M. I wouldn't define this as a resource hog but YMMV. I can't seem to find any other running process associated with the E-MU. As for the connection between the dock and the card, it appears to be more like a digital music protocol and less like usb in that it doesn't seem to require specific drivers or resources. As for latency, when playing Oblivion the words don't quite match up with the mouth movements, but this is something this card should never be asked to handle anyway.
I neglected to mention that the above memory figure is a best case scenario with no music playing and no processing. With music playing routed through ASIO out sent directly to analog outs with all else muted, the numbers are 18,628k and :06 CPU time.