okay i found a Yamaha AW2816 its a 16 track recorder with 8 inputs they are TRS and there are 2 XLR imputs with phantom power. It will cost 500 canadian plus tax.
Is this a good unit to record with and is it valuable.
Our band has discussed going into a studio and i just dont see the point in going to record songs for so much money.
thanks for your replies

http://emusician.com/daw/emusic_yamaha_aw/