I can tell you how I record my guitartricks:
1. plug in the 1.50$ mic
2. Plug in my guitar to my 5W computer speakers.
3. open Goldwave.
4. hold the mic with my toes so its right in front of the mic.
5. press record and start playing
6. press noise reduction
So thats the recording process.
If I want multiple guitars, I listen to the metronome
on my pedal with headphones, and play the bits at the same speed.
I know, its not very professional, but I think it sounds ok.
I've heard much worse.
Please listen to them and say what you think, maybe
I dont hear how much it actually sucks.
But I seriously think it would be possible to record
a whole song, guitar, bass, drums, vocals, with my equipment.
Ok so it would sound really bad, but not extremely bad.
