PulseAudio in Fedora 8
A lot of things have changed. For example, you can now change the volume of every playback stream seperately. Then, we have better hotplug support: Just plug in your USB speaker and it will appear in your mixer... You can move streams during playback between output devices. With a single click in our 'paprefs' tool you can aggregate all local audio devices into a virtual one, which distributes audio to all outputs, and deals with the small frequency deviations in the sound card's quartzes -- and that code even deals with hotplugging/unplugging."
