As you may have noticed, Limited, I don't do computer recording, so I'll pass on any comment on the sound card, software, and plugins. The B.L.U.E. Baby bottle and the Grace 101 are an EXCELLENT choice for a single critical channel. No matter what you buy later, neither the 101 or the Baby Bottle will go away. I would seriously consider adding a solid dynamic mic, such as
Shure SM7B, which will add another solid option for vocals, and an excellent guitar cab/drum mic.
If you intend to do drums, add a dedicated kick mic, such as AKG D112, and a pair of overheads, such as Neumann KM184's, which will also be great on a wide variety of acoustic instruments, guitar in particular. Just take your time. Buying gear is much simpler than returning it. You're doing fine.
My only concern is that you are going into some fairly high-end gear with a very limited knowledge base. You're talking B.L.U.E. and Grace, and you're not quite sure what phantom power is. Spend a bunch of your money on BOOKS! Then spec out the whole gear list, down to the last cable. Run it past this board and modify it until a bunch of heavy posters all agree you have a plan.
Many small things that you have left off the list add up, such as: cables, mic stands, power conditioners, foot switches. CD-R's and jewel boxes. Also absent: monitors and room conditioning materials (not small things) and monitor stands, headphones, and possibly a headphone distribution amp. You may need additional lighting, some dedicated furniture (2 chairs that NEVER squeak or creak are a must). Also remember after that, you have to have enough left to buy a set of strings, and if you don't have a lava lamp, you don't have shit! Most important, buy books with recent copyright dates and read them. Then you'll come to this board with better questions, and eventually answers. Keep it up, you're doing fine. Just resist the urge to buy until you're sure you've thought of everything.-Richie
P.S.-Anybody- Does anybody know why the nice word processing program is deleting all of my paragraph indentations? There were paragraphs, really.-Richie