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I was also curious as to what other people are using in the way of:
- sound cards / Audio / MIDI interfaces ... (brands and why you chose them ... pros and cons)
- type of keyboards
- studio monitors (speakers)
- type / brand of microphone and why you chose it



Soundcard - M-Audio 1010LT, becuse of number of inputs and reliability
Keyboards - various Rolands just because I like Roland interfaces and I'm used to them
Monitors - right now M-Audio BX8a deluxe, cause I like the clarity, and Blue Sky 2.1 for second set
Mic - I always suggest starting with SM57 or 58, but depends on what you are recording. These two mics are long lasting workhorses that serve well for many purposes from vocal to snare drums. They even catch the snap of a bass drum pedal fairly well, but lack the very low end for some applications. Then for intimate vocals I suggest a large diaphragm mic (later as a second one) if you want to capture every nuance.. but they need a good room and clean performance as they pick up every little sound.

One thing you may have overlooked is a good preamp. Many soundcards have fairly good preamps, but a nice dedicated preamp can make any mic sound better.
StudioProjects VTB1 is pretty affordable for this application.

I do not work here, but the benefits are still awesome
Make your sound your own!