A compact and versatile external USB audio box with 24Bit/192Khz D/A and 7.1 speaker support with a bunch of inputs and outputs. It allows you to connect your PC/laptop/gaming console to a home-theater or a stereo system, to record your vinyl records and to control the volume levels with the large knob on top of the box. Especially for the price this is quite versatile audio interface for home entertainment and gaming uses. But in case one of your main obejctives is to record stuff I would look for other alternatives, possibly the Focusrite Solo.
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Pros
Pro Versatile
Lot of different inputs and outputs and the large volume knob make this box an ideal option for someone who needs versatililty. Although it isn't specifically aimed for people who need to record a lot of things from various audio sources, it still does have a stereo line-in which would be ideal for connecting it to an amplifier which would allow you to record, for example, your vinyl records on your computer. It also has a mic-in for simple audio recording purposes.
Pro Easy access to the I/Os
The inputs and outputs are on all the sides of the external box making it easy to connect everything compared to a PCIe soundcard that has the connectors are the back of the computer. Also, since this is a USB box it allows you to connect it also to laptops.
Pro Compact size
The box itself is very compact making it convenient to use. Then again, if one would connect all of the cables to it, it might get a bit difficult to place anywhere.
Cons
Con Included drivers don't provide ASIO support for Windows 10
The included drivers don't - at the time of the writing - include a support for ASIO in Windows 10 environment. This is mostly a problem for people who do more professional recording though, so it shouldn't be a problem for the common user. There is supposedly a fix for this as well.
Con Many connectors in a small area might end up looking untidy
In case you would connect all of the I/Os, it might be difficult to place the box in a way that would look tidy, since the cable woulds flow to every direction making a neat placement a challenge.