similar situation and OUR solution. The solution may not work for you.
Problem
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my band has a huge stumbling block right now. it's the fact that in order to get my drummer Roger's drumset recorded properly, we're going to have to get more decent mics and then do something about the room we're playing in. Even if the mics are 'decent' .. the room is gonna kill us. The other problem is how are you gonna get a decent mix when you're in the same room that the drums are in? ... you got it .. expensive headphones.
(Of course this depends on your situation)
I already have a mixer, fx processors, PC, audiophile sound card, microphones ...
The way I see it is it's gonna cost us over 1000$ in gear . headphones , couple more mics, and something to fix the room's acoustics.
All this to get an 'ok sound' that's only as good as our mics. Have you seen the price of condenser mics?
our solution
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Sell your soul for some electronic drums. Hell, even if you have to trade in your drum set .. it's only temporary. You can jam at all hours of the day. The sound is fine for a great demo. You can output to monitors or cheap headphones. The mixer guy won't get a headache trying to 'mentally block' the drummer . No need for microphones.
The way we see it is that if the band is gonna make it .. why worry about not having a 'real' set of drums .. you'll have plenty of money later right?
(I've been thinking about building a set and using an alesis 5 .. but the more i think about it i may just go nuts and make payments on a real set with a double bass pedal)