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there is optical from the 360, its on the VGA cable, where the cable connects into the 360 the optical feeds into there (the connector going into the 360) I've got mine running on optical.
They are still selling old versions of the board via retailers even though there are known unfixable issues (I have one of these boards), the boards thankfully come with lifetime warranty which is great, however support in the UK at the moment is pretty dire and getting a replacement board is...
I've got the EVGA 680I its a good board, but isn't without its problems, I'd advise you stay clear personally, checkout the EVGA motherboard forum and you'll see what I mean.
we've got a sh*t load of HP servers, a lot of them are used remotely by staff based in Bangalore, we've also got a freebie Dell Poweredge from elsewhere in the company which is also used as a terminal server. The majority of our kit is actually Sun though.
this is exactly the position I was looking at 6 months ago, a 10k deal for a 197, but then I opted for a 10k deal on the 225, a bigger, faster & much better specced car for the same money.