JoeNewbie:
OK , here goes a help attempt. First, the Gadget Lab
Wave 824 is supposedly a great sound card for the money . . . Good choice ! Now, if you are going to be recording guitar and vocals, I would buy a mixer. Why ? Because sooner or later you'll wish you did. Your 824 has balanced XLR & TRS inputs, but they are not preamped. I tried going without a mixer at first, and used a small mic preamp, but then I needed 48 volt phantom power for mics . . . channel inserts for compressor . . . you'll use it . . . trust me ! I bought
a Mackie 1202-VLZ Pro and love it . . . but, there are other makers of small mixers . . . read some reviews. I liked the Mackie's new quiet circuitry feature. It's quiet !!
For Guitar, if you are recording with a mic . . . ditto above . . . need a preamp. For electric guitar and bass, the 824's inputs are "low impedance", meaning you will need a direct injection ( DI ) box for best results. Electric guitar pickups are HIGH impedance !
If it were me, I'd spring for
a Line6 POD ( as a matter of fact I did ). Output is +4Db or -10Db and compatible to Mackie or your Wave 824 . . . and the tones you get !!!! Just ask the POD owners here. The price of the original POD might drop too, since Line6 released the new nuclear rack-mount version.
Any good drum machine should go direct into the 824 ! I do all my percussion with MIDI, but I'm not sure how the 824 and MIDI work together. Keyboards . . . same thing.
In Summary,
1 ) Buy a decent Mixer ( suggest Mackie 1202-VLZpro $325 )
2 ) Buy the POD ( $250 - $275 at online Discount Music Store )
3 ) Buy a couple of good condenser microphones ( $$ to $$$$$ )
4 ) Buy a good stereo compressor limiter ( DBX, Behringer, Joemeek)
These items will allow you to get very good results with guitars, bass, and vocals. Hope this helped . . . enjoy and good luck !
Regards,
PAPicker