I wouldn't buy it again.
I've had this for a few years, pretty much since it came out, and done a few projects on it.
Good points: Well thought out feature set. The dual headphone outs are real useful (could use more gain though). I like having the inserts for the first couple of channels. The mix/monitoring software is good, and I have not had installation or stability issues. The hardware (knobs, jacks, switches) is decent.
Bad points: Channel 4 on mine crapped after a while. My brother had one, and the unit died on him completely, (after very light use), and M-audio was Not Helpful At All. He has since sworn off M-audio products completely.
The sound. The Preamps. They are quiet, but they sound bad. They distort the highs and upper mids a lot. You really hear it after you stack up a few tracks. The mix sounds "crunchy" in a bad way. They made recording acoustic guitar in particular a nightmare. They generally caused me to hate music and despair of life. I did not realize it was the preamps though, until I got an FMR preamp, and ran through that. It was a moment of understanding.
The A/D conversion seems to have a "sound" to it as well.
I have been using some focusrite stuff lately, (saffire 56) and it is definitely better.
So yeah, I would look at something else.