Mickey! Low Latency in this context simply refers to the latency in a sound cards being instructed in what sound to make and it's actually producing the sound. This issue commonly comes up in music production. For example I have a software implementation of a Hammond B3 organ on my computer. When I press a key on my computer keyboard or MIDI piano type keyboard the organ plays through whatever loudspeakers are connected to the computers sound card. If I use this organ with most off the shelf sound cards I will have to wait maybe a quarter of a second or 250 Milliseconds between the time I press a key and hearing a sound. With a Low Latency Sound Card I will only have to wait 1/100 or ten Milliseconds or so. A quarter of a second is a long time but one one hundredth of a second is bearable. I'm not sure the response is any faster than that in a real B3. This is true of almost any software implementation of a musical instrument. A Low Latency sound card is typically more expensive. The one I use cost about $200. They are available for as little as $100. Some of the more recent Sound Blasters claim to have low latency capability but I've read bad reports about them.
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