mr-8 list
first off, if you are going to be dumping into the computer, using the card reader and waves.exe, you can get by with the 128k card. You can indeed move mono tracks with wave. I dont like to use the computer, so i opted for the bigger CF card. It will be handy for you also, but not a totally necessity.
as for a cheap mike. well, cheap mikes are cheap mikes. I have several Nady's. and i'll admit to one radio shack mike. I also have MXL condenser. If you understand up front that a Nady mike wont compare to a $1,000.00 studio condenser, go for it. Learn how to use it, how to position it, how it sounds, what it makes you sounds sound like. Most of the time, technique and experience play a major part of the "sound" anyway. If you decide to upgrad later, they will still be usable "utility" mikes in the future.
Should you go the condenser route, you will need phantom power, which the MR-8 doesn't supply.
Luckily, most mixers with built in preamps usually supply the phantom power. As a lovely BONUS of adding a mixer, you get some additional control of the sound via the mixer eq's.
Check out
www.musiciansfriend.com for "audio analog mixers.
Alesis, Behringer, Yamaha, Peavey, Soundcraft, Makie all make suitable mixers. The small behringer mixer kind of get bashed around here, but most of us have one we use into the MR-8.
This is the basis of a beginning set up. Once you start upgrading, there are is an unlimited amount of $$ you can spend. Probably the first upgrade would be in a "recording" soundcard. then you can upgrade mikes, pre's, and then start adding processors and effects. It goes on and on.
I just added a patch bay...i said to myself, self, (cuz that's what i say when i talk to myself) ... you have a 48 point patch bay. Thats 48 cords to the in's and 48 cords to the outs....84 cords at < $5.00 apiece, $400.00 quick and easy. I rethunk that, and bounght some snakes for about $60.00.
the moral i guess is do your home work, come up with a plan on where you want to go, and then work to get there.
Home recording is fun, and the more you learn, the more realestic your expectation may become.
Compete with Columbia Records you aint gonna do. But you can make very respectabel sounding recordings. Good luck!!