yes it does providing that you have a 5.1 speaker setup and they are all plugged into the motherboard (should be 3 audio jacks plugged into the motherboard from the speakers). It will also then need to be configured in the controll pannel most likely to tell it to use 5.1.

Actually though, your motherboard supports upto 8 channels so that you can have a 7.1 system. But honestly, if you are a gamer, i would buy a soundblaster audigy pci card. You will notice a huge difference in sound quality and will notice where the guys are coming from much easier.

Thanks for the answer.

I saw a Creative Sound Blaster Live 7.1 - 24 BIT - RETAIL soundcard somewhere around for like $40. Is it good?

$33 @newegg.com http://www.newegg.com/Product/Produc...82E16829102176

The soundblaster live series is alright, but the audigy is much better, and the xfi is the best. If you have a bit more money i would suggest an audigy card especially if you have a decent speaker system, otherwise that live card should be just fine.