I was wondering about this as well.
I have a PODX3 as well, and there definitely is latency, no matter how much i change the buffer size. It's usually noticeable, especially on faster parts.
I was wondering about this as well.
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I have tried Ardour in regular Ubuntu, but for the life of me could not get my audio card to work at any kind of decent latency. And no matter what I did it wouldn't record. But I would love to get it working. That's the last thing keeping me with Windows.
MixCraft is where its at IMHO, you get a free 40 day(I believe) trial. I found the transition to ProTools very easy. They're pretty simlar and you can always delete and re-install it if you want to keep using it.
I tried tangostudio (based on ubuntu 10.04), nice set of tools. I personally preffer Qtractor for tracking and Ardour for mixing and mastering purposes.Have anyone tried Ubuntu Studio with Ardour 2? It seems to be pretty much like pro tools.. but free
If your a mac user, and you don't mind spending a small bit of cash, then i highly recommend getting Logic Pro 9. It's developed by apple, and paired with MainStage 2 it's amazing.
Logic Pro + MainStage = 230$.
Or get Reaper, but it's just not as good.