I'll see if the unit can handle recording to Reaper, which would allow visualization (doubt it though when the files get bigger 500+ mb, we tried it already and as soon as we got to 4 tracks it froze for good) ; or to Audiomulch 1.0, but this way I won't know if the input signal is clipping or not.
I was also thinking if monitoring could be done directly form the audio-interface (via headphone output) then latency wouldn't be an issue and wouldn't have to switch to ASIO at all I guess.