maybe get the mr8 used and a low cost dual pre w/ phantom maybe used also and if you get the mr8 used, it may already have a larger cf. You know that it's really 4 tracks and 2 stereo tracks and only the first 4 have any pan and there's no eq, right?
Yeah, you can. Software eq's are decent. I use Sony Vegas, and it has some pretty good eq's in it. The nice thing about software is that you can get plugins for them, so you can always try out different eq's and different settings.