This tutorial is especially geared towards new audio engineers. It's all about the differences between hardware and software monitoring. How to do it and when to use each.
When recording vocals Voxengo's OldSkoolVerb works well. Just be sure to turn the Pre-delay setting down and set Dry Mute on. It has zero latency and is free: http://www.voxengo.com/product/oldsko... (If you like it, support the developer by purchasing the Plus version).
Voxengo's delay plugin is also nice for recording if you need delay instead of reverb: http://www.voxengo.com/product/tempod...
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