Installed the SBXF_W7DRVBTA_US_2_18_0013.exe, and everything is running great. Even though they're the beta Win7 drivers, it works great on Vista64 SP2.
Crap. Rather large
problem. If I'm playing anything that's using ALchemy, then I can't get any sound output with Fraps.
So I tried to change some settings around and even tried recording without ALchemy and it's very iffy at this point. Sometimes sound records, sometimes it doesn't.
Didn't have any issues what so ever with the older drivers for my X-Fi. So I'll be doing a clean installation of sound drivers later to see if it's a beta driver issue.