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Read that thread magnus posted in full - probably one of the better discussions there's ever been on here about the pro/cons of soundcard ugrading.
It's really boils down to this:
A better soundcard will be able provide a higher degree of clarity, better stereo immaging and separation of sounds/frequencies.
These factors allow you monitor better, and therefore produce/engineer a better result.
However, the effectiveness of those potential benefits are directly linked to other factors: the quality of your monitor speakers, your listening environment and some other smaller considerations in detailed cases (whether you have power conditioners, speaker stands/de-couplers, balanced cables for long runs etc). The bottom line is that if you have crap monitors sitting on your desk, in an untreated and pokey bedroom then a good soundcard is going to be a waste of money. It's all relative.
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