Nobody has a MTII yet. I use the spdif input on my MT1. I do all my adjustment levels on my V3 since it is a digi in. I record 24/48 right now. The length of the recording, computer CPU power will determine how long it takes. I use Wavelab and have it do many things, M/S decode, dither, sample rate change, and any other sound fixing that I might do and it take about 20 minutes to do a 2 hour show. I don't listen in 24 bit but, that way I have the master at 24 bit for the future. Aslo, I have been told that it is better to have a 24 bit recording to work on in Wavelab than a 16 bit.