howdy folks. I've got MBHO603's, Deneke AD-20, PS-2, and a M-Audio Microtrack 24/96. Want to go digitally from PS-2 modified SPDIF to MT SPIDF. Can I use the MT phanton power to power the MBHO's?
I think you mean you want to go digitally from the AD-20 S/PDIF to the MT2496? This you can do, but not while simultaneously using the MT2496's phantom power.
The order of functions must follow this order: mics > power > gain > ADC > recorder.
The gear in your list that matches those functions are: mics (MBHO) > power (PS-2) > gain (AD-20) > ADC (AD-20 S/PDIF output) > recorder (MT2496 S/PDIF input).
If you want to use the MT2496's phantom power with the above gear, your only option is: mics > recorder. Gear/function map would then be: mics (MBHO) > power (MT2496) > gain (MT2496) > ADC (MT2496) > recorder (MT2496).