I purchased this unit because my Behringer X1204USB that I only had for less than 2 years started giving me fits. It was making zapping noises intermittently and could no longer be trusted for live gigs. I generally do solo jazz, fingerstyle guitar and work with my wife in a duo performing at Senior Facilities for music therapy. Being on a budget, my Sam Ash rep pointed me to the Alesis. I use two mics, two acoustic guitars and an electric. The Alesis has a guitar switch for guitars without a pre-amp and is a great feature. I would suggest pressing the low cut button when using electric as it sounds a bit muddy when not activated. The USB port like the Behringer works like a charm when using tracks off a laptop. I also like that I can run 1/4" cables (one to my Fishman stick and another to my monitor) and have complete control by using separate knobs. The knobs work much better than sliders which tend to get a lot of static over time. The only drawback is that the Behringer on board effect are much richer than the Alesis. Plus you have to really pump up the master effects to get any richness. I have not used it for home recording but have (after much effort) installed the Cubase LE5 software. Be forewarned: downloading the elicense procedure is a pain in the butt! Overall, very pleased with the bang for the buck for $149.
St. Petersburg, Florida