Id go with a second hand Behringer mic preamp / channel strip. Shouldn't cost you more than 50 bucks and will give you a great bang for your buck. It will let you upgrade to a more expensive mic as and when you want to. Saying that I dont know that it will have a mic level 1/4 inch input. You may get stuck their as the standard for mics is an XLR type input.
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www.studiotrax.net for all things recording.
my toons Brought to you by Dr BadGAS