I suggest you build a front-end which protects the sound card from blowing up (I have seen some project but can't remember the URL), in event if you inadvertently connect it to something nasty, something like 100 volts DC. Or if channels have common ground (no balanced input), then a differential amplifier which again prevents magic smoke escaping if you connect it to speaker output which is bridged (common stuff in car amplifiers). Same happens if you connect to two non-bridged amplifier outputs and put the other channel with leads reversed.
At low frequencies, the sound card has better dynamic range and lower distortion figures than normal oscilloscope, but DC measurements are not usually possible, and even they could be done with modifications, the stability and accuracy might not be very good (naturally, DC accuracy is not required in audio applications).
Regards,
Janne