That iMic USB audio system thing was in both input and output, along with the built-in speakers. Those were the only choices.
Gregg, I'm a little confused - do you have an iMic?
Are your speakers powered?
What have you got for your Preferences->Sound output setting? It should be "Line Out Built-in Audio" or similar.
What are your volume levels? There are a number of places to set them - the preference panel for Sound, the top menu bar, the speakers themselves. Check them all.
