I use Cakewalk Guitar Studio 2. It's around $150-$200. I have a decent computer but certainly not the newest thing out. I usually record straight from my effects pedal into the sound card input and do one track at a time.

It does take a little money and quite a bit of time to get used to doing it all at home, but it isn't really difficult.

I did a lot of research online looking into products that would do what I wanted, and there are SO many things out now.

The Cakewalk program allows me to save the recording as separate tracks for future editing, as well as saving as a wav file. From there I open the wav file in Musicmatch Jukebox ($40. with lifetime upgrades and cd quality recording) tranfer the file into mp3 format at whatever bit rate I need (mp3.com is 128kbps for hi-fi) and upload it to the site. It took a lot longer before I finally invested in the cable modem. Now I can listen to hi-fi streaming of thousands of different artists for free (at least right now).

I was never motivated to use a computer until I found out the advances that have been made in home recording. Two years ago I didn't even know how to turn a computer on.