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i just dont understand how this all works

So i have a Behringer PMP 3000 mixer with 5 mics hooked up. I have a laptop with an external hard drive and with acid music studio.
What I really dont understand is the difference between an audio interface and a mixer.
Since I already have a mixer can i go straight to the computer from there? Or will it not work without an interface?

Understanding A/D converters along with Mic Pre

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I'm on my continual journey to get the best home recording environment (I can afford) and was talking with another friend (session percussionist) about gear.

The subject of quality mic preamp's came up (which I understand for the most part) but then along with it he said that a good sound was dependent on A/D Converters (Analog to Digital).

I don't understand buffer size with Cubase LE

What exactly is the buffer size? For instance, I have the M-Audio Firewire 410 and in the software interface I can change the buffer size down to 64, and this gives me a low latency in Guitar Rig 2. However, when I raise it I get a higher latency. I figured a buffer meant how much memory is allocated to a specific task, and if there is more memory, shouldn't I have less latency?