Audio input volume too high
I'm using Griffin's iMic to transfer cassettes onto the computer, and then onto CD. Suddenly, however, the input volume is too loud and distorting (which it wasn't doing in earlier attempts at this). If I go into System Preferences and turn the input all the way down, I'm STILL getting a signal, which seems weird. Obviously, I've tried that, and poked around in the MIDI settings and turned the volume down there, too (no effect). The little switch on the iMic is set to the turntable setting as well (if I go to the other one, it REALLY blasts!). So I'm at a kind of a loss what to try next. Is the problem that the CD deck is simply shooting out the sound at too high of a volume, and I need to go through a pre-amp to lower it? Thanks.
iMac 17" Intel, Mac OS X (10.4.7)