Thanks for your reply. No, I don't want to record a line out signal from the daw back into the daw. I have an electronic drum kit with a line out and I was hoping to be able to record my band playing "live" by running the mic through the mic input, the guitar through the guitar input, the drums through the line left input and the bass DI'd through the line right input, giving me four distinct "channels" or "tracks" to record simultaneously on my DAW. However, the more I think of it, the more I'm drawn towards a proper 8IN / 2OUT audio interface as opposed to effectively squeezing the whole bands sound through a POD.