I just bought a POD 2.0. It is now connected into my computer's line-in with a cable that has one 1/8 on the other end and two 1/4 cables on the other end.

However, i can't seem to figure out what do i need to do to actually hear the guitar sound when i'm playing. I tried recording something to Audacity and it sounded just right, all settings & effects & amp models sound just like they're supposed to. The line-in volume meter in the Recording Devices window (I'm using windows 7 btw) also rises whenever i play something, so the computer clearly receives the audio signal. The thing is that i cannot hear anything myself.

(I have "Listen to this device" on in the line-in settings.)

E; I found out something new; i actually cannot hear the Line-in signal at all, even if i'm not using POD. I tried connecting my guitar straight into the line-in, same thing; computer receives the signal but doesn't allow me to listen.

The annoying thing is IT WORKED JUST FINE 2 DAYS AGO.

And no, nothing is muted, not the line-in, the speakers, anything.