Email the guys at Line6 and ask them. They are very helpful.

The toneport is a great choice. I bought the UX2 last year and love it. My band records demo CDs with it and they all sound great!
yes it does although i think u gotta downlaod an upgrade but thats pretty easy.

the toneport is awesome, if u wanna hear it's wuality just click the link in my sig and u can hear soem recordings