Bruce, I believe (correct me if I'm wrong) the kind of utility you're talking about is useful for pro-audio and recording applications where you need to be able to select things like latency and hardware play-through for real time monitoring of input. This would be useful for a vocalist wearing headphones while she's singing, for instance.
Applications like foobar, VLC, etc. usually have options in their own menus that dictate how they should communicate with the soundcard. I believe it would be up to us at Bryston to simply supply drivers as needed to facilitate those options.
Beyond latency, what options would you like to see in a custom utility?
-Gary
Bryston