thats the way to change the settings, or you can do it for each individual program too....
M-Audio AP Multi is for mulitpurpose and MIDI outs
M-Audio AP 1/2 is the first two analog (rca) outs
M-Audio AP S/PDIF is digital out
the last two are the most common configs
well, you can out put to your amp/receiver two ways, via S/PDIF(coax) to access the full range of the digital media, or RCA cables...both of these are OUTputs from your card. I have the M-Audio going thru an amp via RCA and use it to monitor my DAT transfers and also to listen to media from my computer. However, there is a little trick to this....in your M-Audio Control Panel, in 'Hardware Settings', under 'Master Clock' you must have 'Internal Xtal' checked if you want to listen to your computer sounds or you music thru your stereo, or have' S/PDIF' checked when you are inputting a digital signal such as your DAT to which you want to listen to on your computer. The 'Patchbay/Router' section also must be configured to let the s/card know which way you hare inputting/outputting the signal. For example in the first column, 'H/W Out 1/2' you can use 'WaveOut 1/2' or 'Monitor Mixer' if you are outputting via RCA.
to put it simply you have to organize the way in which the signal comes into your card, and which way you want it to exit....
hope this helps, have fun experimenting...