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You can use the MR Editor to set up the box for stand alone operation. I don't think you can continuously run it along side another FW interface. I mean, maybe you can but I wouldn't advise it. Basically just set it up to do what you need and then forget the FW connection.
No bass management.
Like Rob said you can bypass the pres by going through the inserts. This is an unbalanced connection only though. The good news is that it is truly right in front of the ADC.
I haven't messed with the DSP yet but I think the answer is yes.
Yes, the "morphing" whatever is the only difference. They both have the reverb and the hardware is identical (different color knobs is all).
BTW, I am a Nuendo user and I wasn't all that impressed by the "integration". I guess if you plan on using the plug-ins that might make a difference, but the "quick connect"? Eh. I guess if you're setting up a new project with 16 or 24 inputs or whatever, but I was already using routing templates. Didn't really mean much to me. I'll be happier and feel safer using the RME ASIO driver.
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