I already have an original 01V with 8 channel ADAT out. We need to record some live tracks from our shows... I was shown the MOTU 8Pre at a local music store and I'm considering buying it. From what I understand, I can use the 8 channels of ADAT and add a few more channels via the analog pre's, and grab the tracks via firewire in Audacity or some other program. I don't know the first thing about recording, we're just looking for a way to get some tracks on the computer so that we can do some level manipulation and some post-production stuff so that we can have a halfway decent demo, something more than whatever gets captured from a digital camera or something. We're trying to do this on a budget; I have no interest in building a recording studio in my basement... will this work for us? I am thinking that the MOTU 8pre, plus a PMCIA firewire adapter, plus an external firewire 7200rpm drive should get us what we need?