Rick..
The bit rate is not related to samplerat so bit rate (24/16-bit) won't change pitch.
Explain your digital setup with the 01v and M-Audio.
The M-Audio is the only audio interface plugged into the computer, correct.
The 01v is into the M-Audio via s/pdif?
The place to change the sample rate in Logic is under Settings/Audio (at least it is in Logic 9)
One problem I see in your setup. You have two way communication vis s/pdif between the 01v and the M-audio.
Depending on how you using the 01v only one of the cables is unecessary, however, the main problem is which digital clock is the master. When using digital devices there can only be one sample clock. If data is flowing from the 01v to the M-Audio then to the computer... the 01v should be the master and the M-Audio should be set to external sync, only a single cable from the 01v s/pdif Out to M-Audio s/pdif In should be used... if data (audio) is flowing From the computer to the M-Audio then to the 01v the M-Audio should** be the master clock with the 01v syncing to external digital clock (via s/pdif) The clock signal is in the s/pdif stream.
A single cable from the M-Audio s/pdif out to the 01v s/pdif In the 01v set to external digital clock.
** you may be able to use both s/pdif In/Out cables connected but you will need to set one device as Master, I've never known this to work well but depending on the devices it might.
The digital clock thing is important and could be part of the problem.