After doing some digging around after failing to get any sound recording from my Audigy 2, seems that there might be an issue with having over 4 gigs of RAM in my system.
I'd like to draw your attention to this Creative issue report:
http://connect.creativelabs.com/windows/Lists/Audigy%20Issues/DispForm.aspx?ID=37
In particular the last line: "It is severely hurting customer trust and the Sound Blaster brand."
Damn straight it is, I'm off.
Asylum Blog (Tag: creative)
Creative Audigy 2 won't record in Windows 7
By Simon Britton
Tagged: creative, audidy, 2, windows