Yup, ditto what Jeff said.
Though did you mention a compressor on the way in? I would get rid of that from your input chain also.
Even with the best outboard gear, I wouldn't trust myself and would always want to to record the raw signal to begin with... you can always loop things back through the gear and tweak to your heart's content later on if it really is worth doing. You will find that some professionals do track through compressors, etc, but they've had a lifetime of experience behind them to give them the knowledge, understanding and ears required to do this (and also the confidence in what they are doing) - anyone with less skill than this, which would still include many professionals, could end up ruining a take because of processing on the way in. Heck, even the pro's who do process on the way in probably get it wrong sometimes.
Also, in your average home studio situation (poor isolation between rooms, or even more likely recording all in one room) then it is virtually impossible to judge processing on the way in as you can't hear what you are doing! In a pro studio you can have the luxury of good isolation and being able to listen carefully and dial in the perfect settings before you hit the big red button.