DeLorme Serial Emulator has been a pain in the butt this season so far for me. I'm still using an old USB Earthmate, but there's been many times this season during which the Serial Emulator will show a good GPS lock but won't actually output the signal to any of the virtual COM ports. I've tried all sorts of ordering (both in terms of the order in which I physically plug in my devices and the order in which I launch and 'turn on' applications), but I can't find an order that always works perfectly and consistently. I don't remember having so many problems in previous years, so I don't know what the problem is this year. I ended up purhasing GPSGate while on the road to the target area yesterday, but I still had to use Serial Emulator to feed the Earthmate GPS signal to GPSGate.
FWIW, I've also had problems with Street Atlas 2009 stopping the GPS track. On all chases this year, the GPS would be working fine with SA2009, but it would randomly stop updating. I would be forced to "stop" the GPS on SA, save the log file, and "start" it again. Unfortunately, there were times during which I wasn't paying attn to SA while it wasn't updating the GPS location, so I have, on a couple of chases, 3-4 different GPS logs with big gaps between them for a single chase day. I assume it's related to Serial Emulator since I know SpotterNet and another GPS app I use occassionally stop "seeing" the GPS too. All the while, the lat/lon would always be updating in Serial Emulator, so it's almost as if S.E. would just stop splitting the signal at times. Regardless, SerEmul has been a major source of frustration this year for me.