Test Setup -> recording via RMAA loop (line-in to line-out) and playing a 44.1Khz/16bit test signal(wav) from Foobar.
First the THD and IMD using Directsound.

THD and IMD using ASIO4ALL (ASIO->WDM/KS).

As you can see the distortion reduces a lot. Whether the difference is audible or not I dont know. Maybe on a hi-end or better system it might be. This means that the soundcard's resampler isn't too bad also.
Another thing I want to show you guys is what happens when you use a good resmapler - like fb2k's SSRC.
Here's the THD using Directsound with SSRC ON. As you can see even though its going thru kmixer its not too bad. (probably because the kmixer and the soundcard do not attempt to resample the already resampled stream)
