Does anyone here know what I would need to digitally record myself and play it back through my PC? I was told to buy cakewalk pro audio and a new soundcard. I was told by a friend thats all I will need. I currently have a Line6 Flextone II XL which is midi capable so I should be able to use cakewalk to grab the MIDI data and then play it back utilizing cakewalks effects...If I am not correct please let me know. Eventually I would like to start building a home studio but, I'm not too sure what type of euipment to buy. I mean for right now I do not need some extravagant setup but, something OK. So I was going to use Cakewalk, maybe the new Pro Tools Mbox, and possiby buy a new soundcard (Soundblaster platinum). Please any suggestions or recommendations will be greatly appreciated. All together for everything my price range is about $2,700. I plan on utilizing my current PC and my flextone everything else I plan on purchasing.

Thanx in advance...