I dunno Glen...
I just saw a typical high-end studio listing the daily rate for their "Studio A" at $1850 (Odds On Records and Studios/Las Vegas).
So it looks like you can eat up $10k in 5-day's time tracking in a high-end commercial studio, and I'm sure that the per-day doesn't mean 24hrs worth.
I've heard of a lot of bands chewing up $10k (or more) on a single album...so I'm not sure how you are figuring 10-albums worth of recording in a high-end, multi-million dollar studio....
…though I get the feeling you are just talking about laying down basic tracks and not from start to finished master.
Yeah, all along I have been talking strictly about *tracking*. As I said, I prefer to track in a big boy's studio, but I prefer to mix at home.
$1850 a day is not unusual. If you put in 12 hours, that's about $150/hr. Most bands/producers, though would prefer to get their money's worth and get as close to anl 18-hr day as they can and get an hour for close to $100.
A key phrase that I mentioned earlier was "ready to record". I'm not talking about walking into a studio and taking 25 takes for every instrument track, nor an I talking about using expensive studio time to write or re-write your compositions or arrangements. Big Boy bands have the budget to be able to afford that, but unless you have one of those Rolling Stone budgets where you light your joints with burning $100 bills and spend hours of studio time eating pizza between takes, I definitely don't recommend it.
*If* the band/artist does it right, they will actually PRACTICE before they hit the Big Red Button, will actually work out the arrangements and all the kinks, and show up at the studio sober and actually ready to play and to record, have a plan already set for their studio time, and have their overall shit together, there's not a whole lot of reason why they shouldn't be able to knock off a 60 minute album's worth of tracking in 10 hours of studio time. That's a 10:1 ratio of studio time to song time. For your average 4- or 5-piece rock band (like 99% of home recordists are) that is not an unreasonable budget target.
Of course for more complicated compositions or arrangements or larger bands it may take longer, and if you put Brian Wilson in charge all budget bets are off

. And sure, there will always be intangibles that get in the way or expand the budget. But the more you prepare and practice and plan *before* you go in and before you hit that button, the less those intangibles rear their ugly heads and the more value you get out of your studio time.
And again, one does not go in in a 10 day stretch and record ten albums worth of tracks. You may record one album this month (1/10 for those reading this as a six-tear-old thread

) then spend the next month or three in post mixing and working with the mastering engineer and duplicator, working on cover art, etc. Then you may want to go out and hit the Altoona circuit or even just the local pub circuit promoting your album for a couple of months. In the meantime, you may be starting to write and practice new material for the next album, which you'll get into full swing doing after you've taken a couple of weeks off from musical exhaustion. Then the Holidays come along.
Before you know it, the earliest you're ready to hit the studio once again - if you're lucky, and even luckier, your band is actually still together, and even luckier still, that you sold your first album to more than your close family and groupies - will be spring of 2011. So you spend another two grand on studio tracking for you second album, Now you are on a pace of spending two grand a year on studio tracking time (assuming you don't suffer the sophomore curse on your second album and find your second album to be your band's flaming demise), meaning it's going to take you five years minimum to burn though that $10,000 that you'd otherwise be spending in 30 seconds on a couple of mics and pres to put in a home room of perhaps dubious quality.
I'm not saying you can't get a decent amount of time/work down for $10k...I just don't see 10 albums worth. You would have to be like a freaking surgeon!

I don’t think I would want to just work non-stop for 10hr clips/day because the clock was ticking.
Sure, you're right that ~10+hr days are not something everybody can pull off, let alone like. And OK, I'll be flexible on the 10-album figure - that was more for rough illustration than anything (it's easier doing math with lots of zeros

). But even if it were 8, 6 or even 5 albums, I think the point is still valid and strong. Most artists are very lucky to even have five decent decent albums in them in a ten year period.
But I still stand by the proposition that it's all about preparation, and that with that preparation, for the average rock/pop band, budgeting for a 10:1 ratio of studio time to song time is not unreasonable.
And that by amortizing the overall total costs over time instead of going into debt all at once from the start by buying the expensive gear yourself, you wind up both spending and saving your money much more wisely.
But your point is taken....and it might be worthwhile to go into a high-end studio and cut drums or maybe if you need to track a real string section or some horns...etc....and save stuff like the guitars and DI shit and mixing for your own studio.
It's a different way to work I guess, though I do like the comfort and privacy of my own studio.
I can scratch where and when I want to.
Yeah, part-studio, part-home projects can be an excellent compromise (though that makes it harder to buy those Neumanns and GMLs

)
And again, both your and my POVs depend greatly on one's motivation and how they split it between "business" and "fun". Not that one can't have fun in the studio, but obviously the point you make about the scratch factor is very important to some.
And also this discussion is moot for those like John Bon Jovi and many others for whom the only difference between "home studio" and "pro studio" are the address.
G.