Its a nice price but its still a 1.1 USB connection which is SLOW

I suggest saving up $50 more and go for something like an EMU 0404 or if you have firewire, the PreSonus Inspire 1394 which both go for $200.

The EMU 0202 is lower in price than all of the products and is still USB 2.0 and will work just fine for ideas and such.
Thanks! I like the look of the Inspire. I don't have a good mic, so I want a direct line in recorder for sure.