Im looking to get into recording live music and am about 95% sure that im going to buy the Edirol R09. The main reason is because im a begginner and the amount of information(what settings to run, what mics and pre/bb work well, tweakings to make) that i can find on this site alone about the R09 is very helpful. I just have a few questions about it: The peak light on the front lights up when there is clipping or a signal overload, correct? I also see that there is the 2 channel meter on the screen. Im guessing the clipping occurs when the levels are high enough that the meter reaches the end? Also, I have read that there are/were problems with the Mic and Line in inputs coming loose. For anyone that has recently bought one, is this still an issue? I guess tieing in from the last point, im not sure if i should get the extended warranty. How durable is this thing and have there been anyother breakdown issues that i havent read about on here? Any input is appreciated. Thanks