Fundamentally this device is supposed to transform good analogue signals into comparably good digital media. Then digital media is edited, improved, remastered, and returned to analogue form for the best audiophile and video presentation. For a simple plug and play from old records and tapes to digital file, this will probably do the job; but then so will far less expensive converters. What about this product justifies a $60 price? If I care about the things I am preserving, I need the best converters possible, do I not? Perhaps someone with some experience especially with preserving precious audio recordings could suggest what I should do?