I had problems with my SBLive Value! after I decided that since the 16bit(Dos) emulators were in conflict(according to Device Manager) I would "remove" them from the system and let them re-install upon a re-boot. Well, I had a heck of a time getting the card to operate. Creative Labs tech support instructed me to uninstall the card, then completely re-install the card. when I tried this, I found that with all the other IRQ's used up, I could not get the card to assign an IRQ to itself.
Inevetibly, I have to disable 3 or 4 peripherals in order to get the Live Value to re-install. Once it installed, I then re-enabled the peripherals that I had to disable and then all was well.
Creative tech support stated that the emulators would show up as conflicted but to not remove them. I could disable them but not remove them. Apparently they have to be in the system for the card to work properly.
Hope this helps
System:
Cel566 (OC'd 805)
MSI 6309 V1
Inno3D GeForce 256 AGP
SB Live! Value