[tele_player]

I assume (incorrectly?) that the 003 has the same Low Latency Monitoring feature as the 002. This is DSP-assisted monitoring in the interface itself, and delivers lower latency than the lowest buffer setting. Only gotcha is that plugins on the record-enabled tracks aren't enabled during recording.

Low latency monitoring is enabled somewhere in ProTools, there's not button or switch on the interface for it.