heres my setup.
i use a 16track Fostex recording machine. around 16 inputs. good job.
then i have an AKG C414B XLII for recording mostly solo vocals.
then an AKG C1000S which seem to be realllly popular.
and then Adobe Audition for mixing.
AKG C414B XLII €1200
AKG C1000S €200
FOSTEX VF160EX €777
------
€ 2177
priceless. plus im 16