i have the USB audiophile and its PERFECT for what your looking for (and even not bad at all for general live sets with ableton + cdj's). i got lucky and bought my friends audiophile off him for $80!!! definately a steal at that price but i recommend it. if you think your going to be expanding into other aspects of computer djing though you might want to just invest in a better interface

Well see what I want to do was to just have the output of my CDJs go into the device, route through Ableton, and then into the mixer, without ever having to mix the two input sources (until they reach the mixer, obviously). This would require 2 inputs and 2 outputs. It'd be even better if it had 2 inputs and 4 outputs so that you could still output the non-effected signal, no matter what's being done to it.

Nevermind.. I found out that M-Audio's Connectiv can work with Ableton as well as Torq.

I got a U46DJ soundcard from thomann.de for 83 Euro, it has 4 inputs, 6 output and phono-preamps built in. Certainly not the best soundcard out there, but cannot be beaten at that price.

I had tried to do what you are suggesting a while ago using my M-Audio Firewire Audiophile. The latency was killing it, although I've since upgraded to a Macbook and it might be completely different.

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Originally posted by ill0gical0ne Nevermind.. I found out that M-Audio's Connectiv can work with Ableton as well as Torq.