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Budgetable Beginer Home studio

i have a budget of about 300$. and i would like to record at home. i have the softwares, and the music, all i need is a mic and something that connects it to my computer and gives a good quality sound rather tahn using the built in mic in and a radioshack microphone. I would also like the thing to have an input so i can record waht i am DJing.. because i also like to make mixtapes.

AD conversion on a budget

I'm looking to improve upon the UNimpressive converters within my Digi001. Someone suggested to me that I look into getting an external wordclock since I can't really afford to by an 8 channel converter (like the Apogee"rosetta"). Can someone please explain to me how clocking externally can audibly improve my rig during playback and record? At the moment I have a PreSonus Digimax (8ch.

Best budget drum mic setup?

I have about $2000.00 U.S. to spend on mics just for Drums and would like to know what I should be looking at. It's very hard to make purchasing descisions where I live because none of the shops carry enough stuff to choose between ( actually listen to ). In Australia, everybody keeps trying to ram RODE mics down your throat but I want better value and sound.