I am in a fledgling band and we are looking to create a demo. We have 4 members with a guitar, piano, drums and vocals. We have used audacity and a rock band mic for our songs up to now and have posted those versions online. They sound pretty horrible. I am trying to determine what would be the better of two options: Option 1-recording studio at around 45 dollars an hour which would likely take a very long time and rack up quite a bill, but would give a very good demo for sure OR Option 2-set up a personal recording space which could sacrifice the professional sound but be used longer and in the long run save money ANY ADVICE???