Yes, I mean pre-amped for mics. I am recording just one musician, so that would be up to two mics for voice and instrument. Maybe a third if someone else wants to play washboard.
I'm not sure what you mean by rerouting audio from soundcard to mixer. Please elaborate.
No external effects are needed, and the budget is low.
Please advise.
Also, I am still interested in hearing what everyone else is using.