I am new to the art of recording. I am looking to get some starter gear for a home studio project, and I'd like to get some advice from people with more experience. Here are my goals for this project: 1) to be able to work virtually with an old collaborator/friend who uses Digi 002 and ProTools. We have many partial songs we've written that we'd like to get recorded and complete, so having a compatibile device is essential. 2) be able to record vocals and a mic'd acoustic guitar simultaneously, to lay down initial song structure. Final recordings would be done track by track. Drums/percussion are not essential, as this is more of a folky/acoustic project I have $500 to spend to get this project rollling. The Mbox2 mini, plus SM57, mic stand, mic cable, and mic to 1/4" adapter will run me about $450. So, what I'm looking to find out is if the experts, or at least more experienced, in this forum think that the Mbox2 mini will provide a decent recording experience, and satisfy my requirements. The mini has 2 simultaneous inputs, the first is a mic or 1/4" input, the second is soley a 1/4" input. Assuming my computer can support ProTools, I'm a little concerned that recording digitally over a USB 1.1 connection would introduce issue due to the low data transfer rates. The mini is not firewire capable, and digi's products that ARE firewire capable are out of my price range. Any advice or guidance that anyone can give is greatly appreciated. I've spent way too long away from music, and I can't wait to get back into it recording old songs that I had written, and hopefully finding the inspiration to write new ones. Thanks.