The Masterlink kicks ass for me!
Convienient piece of gear, perfect for my needs.
I also monitor through it, leaving it on Pause/record. The Masterlink level meters are large, right in front of me, and when it's time to mixdown the burn to Masterlink harddrive sounds exactly the same on playback as it did while monitoring....no level changes, all good.
Very easy to arrange the order of songs, and automatically puts in a nice 2 second space between tracks by default.
Simple scrub for fast cropping the beginning and end of each song.
Just hit red book creation, and wait for the cookie to pop out of the oven....easy!
I run my mix out of the console > 1960 > apogee rosetta> L2 hardware> Masterlink (pause/record while monitoring).
When a project is going to be sent to a ME, I keep everything at 24 bit into the Masterlink. If it's not going to be mastered, I usually bring it in at 16 bit. I don't screw with the onboard eq and comp. settings, I take it on faith that they will suck, so I use my outboard gear.
Well, time to get back to my fax machine and VCR.