Despite having Cubase 5, I wanted to install this software because it comes with the Zoom R16 recorder and I wanted to know if it had any new features to control it other than the ones in Cubase 5. Yes, I am naive, but there's nothing, except for a couple of paragraphs, in the Zoom documentation that addresses this issue.
During installation, the software asks for a serial number, which is nowhere to be found, LOL. According to the leaflet, it's on the CD box. The problem is that there's no CD box, since it comes inside the recorder's box.
It's not serious! It's annoying. The CD ended up in the trash.
Long and somewhat strenuous installation...but I had no problems.
I was disappointed by the preference setup (for example: It's impossible to assign Ctrl+C and Ctrl+V to copy and paste)
The manual is clear enough.
I use it on a laptop PC (Dell, 1G RAM, Windows 7 64bits).
External RME Fireface UC soundcard.
The software works pretty smoothly, no latency, good support of insert effects (amplitube, melda,...)
I've been using it for a year and a half.
I have only used it in parallel with logicpro (on a Mac) and, to be honest, I prefer Logicpro! The latter clearly has a better usability and is more practical and...logical.
Setting up keyboard shortcuts is hard and even impossible on Cubase6E, it lacks an MP3 converter, the original VST effects are less effective than the ones on Logicpro.
However, it does the job you expect from it, recording is all right, the settings are precise and I can achieve what I want.
Overall, it is practical, it does what you ask of it and it does it well.
So, yes, I would've preferred to get Logicpro, but I would need to buy a Mac...