Why not get a better card? IMO Live! is just too old. If you want to buy a cheap card try one of Hercules Fortissimo solutions.
I'm not a big audiophile. Infact, I'm typing thise while looking at two 6 year old speakers lol. That's why I'm looking at the Live and then going to buy a nice 5.1 sound system to go along with it.
Oh and my current speakers don't even have a headphone jack