At the urging of numerous complete strangers (at karaoke), I posted a "Vocalist seeks accompanist" ad on Craigslist - and I got really lucky in finding a talented, highly qualified, experienced musician who was looking for a vocalist for a duo act. He has a nice studio and all the gear we need, but as a point of pride, I'd like to buy my own microphone. I'll be using this mic in the studio as well as for live performances (we expect to be doing house parties, restaurants, clubs/coffeehouses, etc. and eventually weddings and corporate events). Musical styles are primarily (crooner) ballads/standards and old-school R&B but with some rock/pop and even a little country mixed in. So, basically, this mic needs to be versatile, durable, great sounding... and cheap! My upper limit is a measly $200. If things go well, I'm sure I'll buy additional/better/more expensive mics, but for now this is all I can do. Obviously, I like the look of the 55SH, but is it the best choice for my needs & budget? Beats me! I'm also considering the GTD Audio G-622H dual wireless mic system which is well-reviewed on Amazon - but something tells me that I'm better off putting the money into one wired mic rather than into 2 mics with transmitters and receivers. It's been almost 35 years since I've performed and I'm so excited about this opportunity. I'd really appreciate some advice and guidance in picking out a good mic.