Hey,
I am unable to play multiple sounds in parralel (eg: use a video player when xmms is running). The new sounds are often queued so that when the card is free again, it plays them.
I installed ALSA in the hope it would fix the issue (it did not install automatically as I used the update option to upgrade from 9.0 to 9.2) and configured it using alsaconf but no change.
Here is the lsmod output:

Module Size Used by
snd_pcm_oss 57896 1
snd_mixer_oss 19200 1 snd_pcm_oss
snd_intel8x0 31268 2
snd_ac97_codec 69728 1 snd_intel8x0
snd_pcm 96776 3 snd_pcm_oss,snd_intel8x0,snd_ac97_codec
snd_timer 24708 1 snd_pcm
snd 60164 8 snd_pcm_oss,snd_mixer_oss,snd_intel8x0,snd_ac97_codec,snd_pcm,snd_timer
nvram 8328 0
usbserial 26856 0
parport_pc 37824 1
lp 10536 0
parport 37960 2 parport_pc,lp
nvidia 4815052 14
thermal 17928 0
processor 25640 1 thermal
fan 5380 0
button 8464 0
battery 11396 0
ac 6404 0
ipv6 237312 721
soundcore 9056 2 snd
snd_page_alloc 10248 2 snd_intel8x0,snd_pcm
edd 10012 0
ipw2100 135664 0
firmware_class 9600 1 ipw2100
ieee80211 20228 1 ipw2100
ieee80211_crypt 5508 2 ipw2100,ieee80211
ds 17796 2
joydev 9664 0
sg 35872 0
hci_usb 12544 0
bluetooth 44804 1 hci_usb
st 37404 0
usbhid 40132 0
sd_mod 16912 0
sr_mod 16292 0
scsi_mod 111308 4 sg,st,sd_mod,sr_mod
ide_cd 38176 0
cdrom 36508 2 sr_mod,ide_cd
ehci_hcd 29188 0
uhci_hcd 29712 0
intel_agp 21024 1
agpgart 32168 2 intel_agp
ohci1394 31748 0
ieee1394 106168 1 ohci1394
yenta_socket 19840 0
pcmcia_core 66100 2 ds,yenta_socket
b44 19972 0
mii 4992 1 b44
subfs 7552 3
nls_iso8859_1 4224 1
ntfs 91888 1
evdev 8960 0
dm_mod 54524 0
usbcore 106724 7 usbserial,hci_usb,usbhid,ehci_hcd,uhci_hcd
reiserfs 242000 1

Any suggestions before I do a fresh install ?
Thanks