so i bought one of these http://www.lacie.com/products/product.htm?pid=10059 (for a better price though)
and i bought one of these http://www.digidesign.com/index.cfm?...29&itemid=4893
i have a P.O.D. and a 57 sitting at the house. since i live in an apartment the P.O.D. is really the only choice i have for recording guitars. but hey, it's only a home studio to do rough sketches with. the external hard drive is going to be uberkool cause i can take the stuff i've recorded at home and dump it into the computer at my friend's pro studio. that way we can listen to it and do it for real.
i have a full length album of original material that we plan on recording and releasing within the next couple of months. so this rig is just for preproduction.