Derwood, can you use 3rd party Vst-plugins or Audio Unit plugins within GarageBand? You didn't mention using any other software for recording except GB. I guess Audio Unit plugins could be used. AI plugins are type of plugin that Pro-Tools is compatible with as well. Because, GarageBand could be totally awesome with Waves Platinum or Diamond Bundle.
I have noticed that reverbs can be the most intensive dsp plugins. When I had my latency issues on my guitar tracks, I did not even use the dsp effects, but did use a few amp simulators. Most of the guitar tracks were processed through a guitar multi-effects floor unit.
Do you think that your audio interface could make the difference in the ability to record numerous real instrument tracks? It might take some pressure off the CPU by taking some work off the core audio on the motherboard.
I have noticed that reverbs can be the most intensive dsp plugins. When I had my latency issues on my guitar tracks, I did not even use the dsp effects, but did use a few amp simulators. Most of the guitar tracks were processed through a guitar multi-effects floor unit.
Do you think that your audio interface could make the difference in the ability to record numerous real instrument tracks? It might take some pressure off the CPU by taking some work off the core audio on the motherboard.