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Passing quality digital through cheap spdif

Hello everyone,
I was wondering if passing the signal from a high quality converter to my PC via a cheap interface will cause degradation. I have a cheap Edirol interface through which I'd like to pass a stereo signal from Apogee converters. I don't want to have to buy something like an RME Digiface, as it would be overkill.

Many thanks,
John Stafford

Recording Live, Digital? Analog? & how?

Hi, my name is Ricardo and I'm new here, I'm looking for some advise of how to make a live recording, I have to record a band in medium theatre, and since is my very fisrt time making a professional live recording i need all the info I can get :!:, My principal problem is how to make the recording, if i have to use something digital with a hard drive, or i better use a dat or something like tha