... adding this after a small thread on lmuse-user...
There is a certain latency induced by the insert chain and by
the hardware itself. Also when recording the player listens to
the sound generated by some softsynth, maybe also going
through some effect plugins, and stays in sync with what
reaches the ear. In the end one collects a certain amount of
latency and it would be nice to have a way to specify this
for an input track. This should lead to the recording position
slightly shifted in time. Input or wave tracks should have
latency compensation times associated with them. They should
be individually tunable, and should determine by how much
the recorded track will be shifted in time.