Great news, I'm planning to attach my good old Audigy 2 ZS as well. I don't have an extra laptop at home for my parents so I need the machine to be usable from the console, that's why I'm planning such twisted setups:)

One thing I don't understand though - if you VMDP a device is it directly accessible by all virtual machines at the same time (this would mean shareable DMA, IRQs and other stuff that would decrease the performance significantly) or just one of them has direct access and the others see the VMWare virtual adapter?