You setup very similar to mine, I also use my HTPC as A/V source with a M-Audio Audiophile 192 using the SPDIF OUT into my A/V Marantz Receiver (acts as DAC) then using the pre-outs into my Aragon 4004 MkII power amp.
as software is concerned I use the latest drivers from M-Audio 5.10.00.5052v3 the great thing about these is that they natively support ASIO and AC3/DTS pass-through.
Foobar2000 0.9.4.1 and lossless FLAC (ripped with EAC).
as for trouble-shooting you problem, first off I would try a different digital IC, you might also want to check the M-Audio Control Panel and check the settings and share with us how you have your software settings set up.
also it is not uncommon for a lot of Pcs to have sub-standard power supplys, it might be something worth looking into, maybe an Enermax or a Seasonic as high quality replacements
as software is concerned I use the latest drivers from M-Audio 5.10.00.5052v3 the great thing about these is that they natively support ASIO and AC3/DTS pass-through.
Foobar2000 0.9.4.1 and lossless FLAC (ripped with EAC).
as for trouble-shooting you problem, first off I would try a different digital IC, you might also want to check the M-Audio Control Panel and check the settings and share with us how you have your software settings set up.
also it is not uncommon for a lot of Pcs to have sub-standard power supplys, it might be something worth looking into, maybe an Enermax or a Seasonic as high quality replacements