Personally I'm not too worried about gear now. All of my gear is good enough that if I can't get a good recording the problem is not the gear.
While time= money, unfortunately money doesn't = time so I can't buy more time which is what I need to practice, rehearse and write. I think now I have a couple of reasonable mics, pre's, converters as well as decent in the box stuff what I need most is the time to actually use it as well as become a better singer, musician, writer and engineer.
Maybe I should spend that $500 on some voice lessons