The sound card market deserves to be ruined.
If Creative wanted people to use it's EAX stuff then they should of licensed it to other companies and make it a completely open standard like OpenGL.
Realy the only purpose a sound card provides is realy to provide multichannel I/O. You pay more for a card and you get better quality sound handling, better AD and DA converters, midi stuff, and more I/O options...
Otherwise for the vast majority of people all you ever need is the 7.1 channel audio support that comes onboard motherboards. This is the stuff that Vista's new audio support is geared for.
Hardware acceleration is completely overrated anyways. If you have the choice between spending your money on hardware acceleration for sound or a slightly faster proccessor you'll get better performance with the slightly faster proccessor. With proccessors starting to show up with quad cores, what is the point anyways?