The best replacement for kernel streaming is asio.

The best alternatives to kernel streaming are rated as following:
★★★★★  asio
★★★  directsound
★★  wasapi
★★  asio 4 all
★  asio4all

Your alternative for kernel streaming is not listed? Suggest!
Speaking about kernel streaming, one probably shouldn't forget about foobar.

Other search terms related to kernel streaming and their ratings are:
★★★★★ foobar
You have in mind a companion for kernel streaming and it is not yet here? Propose!



Google Trends

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kernel streaming
asio
directsound