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I'm coming up with my shopping list for a podcast studio and so far I am sold on the Shure SM58. What throws me is the XLR-USB conversion / preamp. If I get the bundle from Shure, which seems to be tailored specifically to my needs, it goes for $200 and that eliminates the need for a XLR cord...

I have no expectation of soundproofing in the near future and the condenser mic I'm using picks up every little squeak. I understand that dynamic mics aren't as sensitive and more tuned to vocals than condensers. So, any thoughts on this pretty cheap mic? I know you get what you pay for...