I have a pretty powerful system for home recording but when I distill it down to what I use most its basically an Echo Layla 3G soundcard - rackmounted with 8 ins and 8 outs plus it can take xlr and midi, very handy. I record my guitar direct through a Rocktron Prophesy II, after that I mix etc in Cubase SX3. I have a huge ammount of other stuff but when it comes to effects I do pretty much everything through my UAD-1 dsp card on the pc (it powers a bunch of VST effects in Cubase).