Hi Steve, yes that's what it does. It does Asynchronous. The reason I went with the Halide is that it is reasonably priced and being an all in one product, I don't need another little box or usb and digital cables ie: more stuff to obsess about. It's just simple and easy. I'm trying to take my time with this Hi-Rez thing and the Halide seemed the perfect thing for me to get my feet wet with as little cost and hassle as possible. It doesn't do anything more than 24/96 I believe but for now that's okay with me since I don't have any software higher than that.