SM-57 all around?

[El Barto]

Hello. I just bought my Tascam 424 MKIII and I'm really enjoying it...I'm hoping to use it to make small "albums" with my band in the future. I hear the SM-57 is the best mic to get, I was planning on getting 4 of those to do everything, and I was wondering if they are really good for recording drums? I don't really want to have to spend extra money for extra mics exclusively for drums...if anyone knows any mics that'll sound great for both drums and guitar, and possibly even vocals, let me know. Thanks.

[omnipotent]

I think i may have given an answer to a question like this already, check the microphones forum.