What you said was true about 2001. I'm not so sure about 2007 though. For $1000 you could have bought 4 decent condenser microphones and an audio interface for them. And for another $1000 a medium-high computer.
Arguably not that expensive, considering that you probably already had a computer and you could split the audio hardware costs between the 4 band members (otherwise why 4 microphones)
Software and plugins were indeed expensive, but there were plenty of free alternatives of decent quality. Reaper, FruityLoops were pretty cheap and quite good for the basics.
Arguably not that expensive, considering that you probably already had a computer and you could split the audio hardware costs between the 4 band members (otherwise why 4 microphones)
Software and plugins were indeed expensive, but there were plenty of free alternatives of decent quality. Reaper, FruityLoops were pretty cheap and quite good for the basics.