True enough: a spectrum analyzer can cause more grief than it solves. But it can still be a useful tool, sometimes.
The best thing, if you're set on getting one, is to get a more versatile tool that includes a hack version of a spectrum analyzer as only one function among many other, more useful ones. I have the Terrasonde Audio Toolbox (
http://www.terrasonde.com/ ), and it does have a spectrum analysis function (both with its built-in mic and from its line inputs). It also has a useful and accurate SPL function, high-quality signal generator, distortion analyzer, frequency counter and level meter, a cable tester, and just about anything else you might think of (including a MIDI tester, a mic pre, a phase scope/tester...). The hits just keep on coming.
There are a *lot* of things that you want to be able to measure in building a studio: the frequency response of the room as measured by a spectrum analyzer is somewhat interesting, but extremely difficult to interpret and act on. On the other hand, all that other stuff is _invaluable_ to know, and it's nice to have one Swiss army knife to do the work with. The Neutrik Minirator/Minilyzer pairing (
http://www.neutrikusa.com/index.html ) is very similar, with a little more of this and a little less of that....
I spent the weekend chasing the last of the ground loops out of my rig, measuring noise floors, calibrating the VU meters, and generally tweeking things into proper alignment. Having a good tool for the job makes this gnarly chore easy. If you want to invest in some analysis tools, consider these!