Same issue and settings like yours. It happens to me with any applications (banshee, vlc, me-tv, emesene, etc.) only when the PCM channel is on mute (the master channel works fine).
Same issue and settings like yours. It happens to me with any applications (banshee, vlc, me-tv, emesene, etc.) only when the PCM channel is on mute (the master channel works fine).