Hi X-ray, nice to hear that you're finally using tha concierto and paloma.
Audio:
The Amiga audio has a very clever feature: It senses if you only plug one RCA jack into the outputs, and automatically goes mono. With a lower volume because of the mixing.
Now, the P-IV gets the Amiga audio from the Video slot, hence the output connectors are left unused.
For some reason, Paula does'nt like this, and goes mono.
Solution: Chop off the RCA jacks from a spare cable and plug them on the output connectors. This tricks Paula into believing there's something there, and she goes Stereo!
Regarding the Paloma, IIRC there's a 'fullscreen' option somehwere in the RMB dropdown menu that can be deselected.
This will give you the TV picture in a window, (Picture-In-Picture Overlay on the workbench). Requires at least a 16-bit screenmode IIRC).
It's been a while, so I'm not quite sure, though. But play around, I know it works.
-Paul