So far so good! We had our first full practice tonight, and the only issue we had was the 1/4" connectors I bought to plug my stereo cable from my Tascam preamp into my headphone amp. (I bought a 1/8" cable like an idiot)...the holes in the adapters are too big(the cable ends don't snap in, they can fall right out) and we kept hearing a lot of random crackle...new connectors are now ordered. We haven't had any latency issues, any computer lag (I get rid of any process I can other than Reaper when we're playing). Tonight was more of getting used to it, our drummer has never played an E-Kit before, but we did record one song for the hell of it and I must say, the quality is better than anything we have ever payed to record in a studio.
Well, talk's cheap... here's the one song we recorded today, I didn't do any changes to the mix since we played the song other than cut away some noise at the beginning and then fade out the track (we fucked up the ending ).
Awesome! wish i had an available practice space like this!