I can play audio, I can talk on Skype. However sound on Flash Player, Shoutcast broadcasting and recording through sound recorder don't to seem to work.
I've tried to reinstall my sound drivers, but that didn't work.
I've got a PCI Leadtek 6x soundcard (http://www.dooyoo.co.uk/sound-card/leadtek-winfast-6xsound), which is seen by Windows to be a C-Media audio device.