I recently upgraded from XP Pro SP3 to 7, and now I get a horrible output quality whenever I rip my vinyl. I'm using an Ion TTUSB turntable that sounded just fine before I upgraded my OS. Whenever I record, the end result sounds similar to that of a cell phone, and the spectrals are almost always solid blocks of blue.

I'm running the Beta, but the issue occurred both with 1.2 and 1.3.
Anybody have any ideas as to why this is suddenly happening?