Yeah, because the higher end tapes have a higher recording headroom (I think the best ones go up to +6dB), so you can record at louder levels without distortion. Practically, this reduces hiss (kinda, anyway, since when you turn up the volume, you turn up the hiss, too, and thus the louder your signal, the less obvious the hiss will be).
Most definately. In fact, the Maxell XL-II is most peoples tape of choice. However, I HIGHLY recommend mixing down to your computer. Its not hard, and doesn't need any special hardware other than a pretty standard stereo soundcard (an adequate one almost definately came with your computer). Check out the main site for info.
