Well if you want Lo Fi, then think Lo Fi.
For example, I just hit the pawn shop today to pawn off some wicked old stuff I had laying in the attic. At the pawn shop, I did manage to see some old school broadcast style microphones that I wish I would of had the money for. I'm talking 1930s style carbon mics.
On top of that...they had this massive 50 dollar furman parametric EQ that just looked like it was designed to distroy audio. Knobs missing, rust everywhere.
Same with this 90 dollar Alesis True Verb unit right next to it.
I think a few trips to the pawn shop would make your LoFi adventure complete. LoFi is actually a lot more fun than regular "super production" audio.
It seems to be more experimentation than "politically correct" sounds.
For example, I've met producers that love to run snare drums through shitty tape decks to get this funky drummer sound. Very cool stuff.
And not fake Lo Fi like recording in high quality and then putting some poser plug-in effect on it. If I wanted to take a golden shit and cover it in mud, it's still golden shit covered in mudd.
The storage medium is ultimately going to end up digital (I assume), so anything I could do to exagerate that trip to harddisk would be very exciting to try.
(Sorry, now I'm really talking like Im used to talking in person).
On a side note, I had to ask the guy at the desk, "say, I don't suppose you've ever seen a vintage Neve laying around here, huh?"
I had to ask, cause I always hope to be the only guy in the world that can find a vintage Neve for 150 bucks in the back shelf, when nobody in that store knows what the hell a Neve is, much less a preamp. Yikes!