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Roland VSR 880 - to buy or not to buy

Hello. We have a full analog studio but are getting eaten alive by the cost of reel tape (not to mention the long lead times to get the reels) and so want to convert to a digital recording set-up. We have the opportunity to purchase (at a very nice price) two Roland VSR 880 rack mount systems but quite frankly have no idea if this is the best way to go.

Okay, i really messed up so i was wondering if you could help me out (equpment)

so basically i went and rushed in to things when i got some money, i bought a condenser mic and what not but the Fast track m-audio interface i bought did not supply my microphone with phantom power, so i was wondering as i cant send it back (ebay) would it work if i bought my self one of these ..