Re: does eleven rack make LE out of the box ?
I'm reading your question as being "Does Eleven Rack function as a Pro Tools LE interface and come with a copy of PTLE"
From what I read of the manual, yes
The DSP stays in the box although you could theoretically run tracks out to the interface and then re record them using the effects and models.
You can use it with the 003 but you will need to cable it in since the USB cable will only transfer data when both units are active.
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Scott
Formerly Hobo Wan Kenobi
Core 2 Specs Page
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