S/PDIF Audio into Velocity HD - Breakout Cable

Searched through the forum but have not found anything to help with this. Does anyone know if regular consumer audio can be recorded or captured through the velocity hd breakout cable? I have a standard def dvd that I need to capture both video and the audio but so far havent figured out if this can be done.

Hi Paolo, Thank you for your reply. Actually what I would really like to be able to do is record voiceover audio directly from my Berhringer analog audio board like i used to be able to do with Velocity and Velocity Q. Right now I have to use the 1/8" mini plug audio input on the motherboard and record to third party software.

Are their any options to record audio from a microphone directly through quick capture in Velocity HD?