I currently have the PC-based USB recording setup with a Boehringer mixer and a 2-channel USB sound card . Compared to the old home recording standard (a Tascam 4-track), it produces a much better quality of sound, and editing and applying digital effects to the tracks produced are much easier with no effect upon quality (unlike the tape setup where you get a really lo-fi effect with enough effects tracking… nice if that is what you were aiming for, annoying otherwise). I am using Audacity plus a variety of plugins. I’ve used Cooledit and nTrack Studio in the past but Audacity has gotten much better compared to where it used to be so I didn’t bother updating to new licenses of Cooledit and nTrack Studio. That said, I’m not completely satisfied with my setup, but mostly because it is Windows-based and it’s a PITA to get good sound quality from a USB sound system on Windows especially with all the annoying nonsense that Microsoft insists upon running in the background on later versions of Windows, annoying nonsense that results in pops and crackles unless you use undocumented tools to disable them.
If I were setting up from scratch:
A pair of boom-type microphone stands (one for vocals, one for guitar, at least for me – I must record both at once or else I can’t stay in time, though I usually need to come back and lay down new vocals tracks).
A Shure 58 and Shure 57 type dynamic mike for vocals, percussion, and guitar recording. Actually, an Audix OM-? works fine for recording acoustic guitar for even cheaper than a Shure 57 (if you have a good steel-string acoustic you are putting out sufficient dynamic volume with sufficient quality that it would take a very lousy microphone indeed to do a bad job).
A good quality condenser mike for flute or whistle recording (sorry, a dynamic microphone just does not have sufficient dynamic range to properly record these). Mine is an Oktava
MK012A but I don’t know whether to recommend it (very variable Russian quality, you may get a good one or a cruddy one depending upon how much vodka the assembler had drunk the night before, I understand that The Sound Room does do some hand-picking to discard the really bad ones though). I’ve used my Oktava with a home-made puff filter (coat hanger and stocking) to get a slightly smoother vocal sound on occasion, but really, my vocals are so cruddy that just applying effects to the '58 is good enough without the hassle of setting up the Oktava for vocals. BTW, I cannot tell any difference using the Oktava for recording guitar. But the Oktava sure does a swell job of recording softer instruments…
High quality studio headphones, sound-isolating, for use while recording new tracks to a mixdown (mine are Labtecs but any good quality studio headphones work well). I do find that I generally end up with the headphones only on one ear so that I can hear myself properly, much as with Sinead O’Connor in this YouTube video with the Chieftains. So it goes.
Now, for the recording gear…
Apple Macbook. $1200 gets you 120gb of disk space, the excellent Apple recording software, and an OS that will not cause pops and crackles in your recordings unlike Windows (where you must carefully use undocumented tools to disable portions of the operating system in order to get consistent results especially if you have antivirus or firewall software installed).
Lexicon Omega Studio USB audio system, $199. Has two microphone jacks, four plug jacks, will do four-track recording, comes with Cubase recording software and the excellent and legendary Lexicon reverb plug-in. Has provisions for putting an external effects loop between a microphone input and its recording channel. This basically is a combination mixer and sound card and hard drive recording studio.
Bookshelf-style stereo system with RCA inputs and RCA “recorder” outputs. Really, any cheap Japanese brand will do here. The goal is to get good sound output from your computer. “Computer speakers” simply do not do it. Mine is an Aiwa 100 watt unit, I think it cost me $150 at Costco. If for some bizarre reason I needed to record down to cassette tape, it has a tape deck for doing so, but I haven’t needed to do that for eons (much easier to simply mix down to CD nowdays, especially with Apple’s iLife software, which comes with every Macbook).
Then you need assorted cables to hook it all up, but you already knew that.
At this point we’ve spent approximately $2500 and gotten a setup that Sir George Martin would have killed for in 1967 when he was recording The Beatles. Eventually you will fill up your hard drive and need to shuffle your source tracks off to DVD. The Macbook comes with software to do that, unlike most Windows laptops. Same deal with mixing down a CD master. A Windows system is just plain annoying as a hard drive recording system, while the Apple just makes it simple. And I say that as a computer professional who writes operating systems software for a living. But when I put on my music hat rather than my OS writer hat, I just get irritated by Windows while my friends with MacOS don’t have any of the irritances that make me record far less often than I should.