OK, so here's an update. Just got around to setting up everything today with my son. Picked up a pair of M-Studio BX8a's today, mic'ed the drums, got the TASCAM 1641 a little figured out and did some recording with Reaper. Everything works! Now, it's time to figure out more about mixing and getting the best quality sound out of the drums. The "drum room" happens to be a studded out basement so we're certainly not working with the best room right now. At this point, being new at this and all, we don't know what we can expect out of the current setup an will have to do alot of experimenting to see if we can produce better audio. The toms and cymbals don't sound too bad but the snare and bass drum could be alot better. We're using 8 mics and have all of the drums (5) close mic'ed, two overhead condensers and a condenser on the hi-hat. Thinking about losing the hi hat mic and adding a second mic on the snare underside.
Open to any and all suggestions at this point.