Yeah, it would be completely for music-making. That EMU1616 card is a bit out of my budget right now--maybe sometime in the future. Legion, have you used the Line-In for recording? Basically what I'm looking for is a decent card that makes using FL less annoying with latency issues, and enables relatively good recording with FL (the ASIO support.) On Ebay a couple of ZS's are around 50 bucks currently, so I may try to pick it up at a price like that.
About the speakers...what I'm looking for is a set that pushes enough bass and gives a crisper, cleaner, feel so I can get an idea of what it would sound like on other sets (car stereo, room stereo...). The Labtec set I have now just isn't able to give me a good sense of what the bass is actually doing, plus it just sounds weak. I'll look into the headphones, but too much headphone use wears on me after a while.
Tuition costs + College books + EWQL + FL and a few plugins + both White Sox DVD's = not much money left to buy a better sound card and speakers