Montego II - FAQs
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Recording - how to monitor while recording 
1) Open the Windows Volume Control Mixer. Click Start | Programs | Accessories
   | Entertainment | Volume Control. The Playback Controls will be visible.  

2) Make sure the Microphone fader control is visible. If not, click on
   Options | Properties, make sure "Adjust volume for Playback" is checked 
   and in the white area labeled "Show the following volume controls" 
   check the box next to Microphone.  Then click OK.  

3) Make sure the Microphone volume fader is not muted. Uncheck the Mute box 
   if necessary. You should now be able to speak into the microphone and hear 
   yourself through the speakers. Adjust the Microphone volume fader as
   desired. 

NOTE: This process applies to any other input, such as the Line In. Just
  substitute "Line In" for "Microphone" in the instructions above.