....and, then it clicked.
i'm getting the same dead tone out of both cards.
so, if i was mixing on the mixer, and i listened to it through the pci card, it would sound the same. and i'd never know.
so, out of desperation, i busted the wdm by uninstalling it, moving the driver, restarting and reinstalling.
this actually worked.
i'll have to test it a bunch more. but i think that's it: i need to bust the underlying windows architecture flat out and reinstall it.
why that might be is a different question....