I'm not going to give here all the information there possibly is on creating a recording studio at home. Mainly my reasons for this are :
1. I can only safely comment on what I know myself
2. There are doubtless better ways than the methods I'm going to describe, but I don't have the equipment or the necessary experience in "real studio stuff" that would be required
3. I'm trying to aim this at real people with real low budgets! After all, I'm one myself, so why not?!
OK then let's begin. I'm not going to give you all a complete history of my musical and recording career (hooray I hear you say!), because that can be found here but I'll reproduce in a different way some of the information that's on that site, namely equipment listings and Amiga information.
My home studio looks quite impressive (pics to come when I get a scanner!), but there isn't really all that much to it. Below is a diagram of the main signal path of the gear I use regularly (it's all pretty much wired-in permanently), and yes it does look good, but it ain't that good!
OK, here's an equipment list so that you know what all the things do :
Amiga - a basic standard Commodore Amiga 500+
505 - Zoom 505 guitar processor
MBD1 - Roland MBD-1 Sound Module
TG100 - Yamaha TG100 Sound Module
Spirit Folio 10/2 - CD quality mixing desk
DSP128 - Digitech DSP128 digital effects processor (very old!)
Vortex - Lexicon Vortex Audio Morphing Processor
Hifi Amp - I think the output is 5 watts! I got it from Tandy
Cheap speakers - Realistic Minimus 7 (now discontinued I think) good sound
Also there are 7 noise gates, a stereo compressor and 2 mic preamps (all homemade from kits) but they aren't permanently wired into the setup like the stuff above.
And that's about it, apart from my Wah pedal and my 2 guitars.
On the next page I'm going to describe the different roles each imstrument plays in my setup.