^Charling you are correct assuming the function of the Mix Knob on Fast Track Pro (FT). It works just as every mix knob on a USB interface, it blends the direct signal with the signal coming from the computer.
The latency slider for the Fast Track can be found on the M-audio Control Panel Located on the system tray. It should always allow you to set the interface parameters as long as the FT is connected to the computer. So I don't understand why the Hook has problems with that.
Audacity 1.3.12 Beta has the option to monitor through Software but there's too much latency for it to be a usefull feature; that's why I reccomended using the mix knob and to dissable that feature on audacity.
The Hook, remember to set the mix knob full clockwise when you're done recording, that way you can hear the levels of the tracks you have recorded and from there look for a balanced mix.
Don't try to balance the guitar with the level of your bass before recording because that doesn't represent how things are going to end up sounding.
Only balance the level when you finish recording and with the mix knob turned fully clockwise.
Finally I would try reinstalling the drivers for the FT. IME the driver of this interface are really bad and take a while to function properly.
The latency slider for the Fast Track can be found on the M-audio Control Panel Located on the system tray. It should always allow you to set the interface parameters as long as the FT is connected to the computer. So I don't understand why the Hook has problems with that.
Audacity 1.3.12 Beta has the option to monitor through Software but there's too much latency for it to be a usefull feature; that's why I reccomended using the mix knob and to dissable that feature on audacity.
The Hook, remember to set the mix knob full clockwise when you're done recording, that way you can hear the levels of the tracks you have recorded and from there look for a balanced mix.
Don't try to balance the guitar with the level of your bass before recording because that doesn't represent how things are going to end up sounding.
Only balance the level when you finish recording and with the mix knob turned fully clockwise.
Finally I would try reinstalling the drivers for the FT. IME the driver of this interface are really bad and take a while to function properly.