Thought maybe we were on to something there...but NOPE.
I had to Update "Line6 Monkey", Then I updated "Drivers" to 3.2.7.0, then I updated "Gearbox" to 3.0.
The only thing I wasn't sure of is, when I did the "Install" of GEARBOX 3.0...I left the checks for all the "Toneport" drivers when it asked which "Apps" I wanted to install. I thought I saw something about that. I "unchecked" PODXT, Line Monkey, and Guitar port drivers(I HAD 3.2.7.0). I'm using GUITAR PORT.
But when I went into RIFFWORKS "STANDARD"(with GEARBOX OPEN), there STILL wasn't any OPTIONS for "OUTPUT CHANNELS" in the "Audio Setup" of STANDARD! All it has in STANDARD is "ASIO GUITAR PORT".
In the "LINE6"(which works FINE) version of RIFFWORKS it has "OUTPUT 1 + OUTPUT 2" in the OUTPUT CHANNEL OPTIONS.
And YES...GEARBOX works FINE all by itself!
I've done all the "UNPLUG/PLUG", "REBOOT CPU" a thousand times.
Line6 Monkey says I'm all UPDATED...wish we could figure out whats going ON with me TOO

I know you guys are trying, "wet"