release of soundzwörgi adjusted (read: rewrote) my program to fit the needs here: feel free to use it + test it, but please don't change the "2006 by johi for donationcoder.com"-text
The settings you take in the settings-dialog are
a) only useful if you have more than one soundcard
b) not yet saved (but you can use them until next restart)
(and there aren't ticks next to the currently active items in the menu.)
but it works and has a beautiful icon
EDIT: Added it to the Post as an Attachment, thanks for giving me the ability to do so, mouser