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HD16CD - Digital Multi-Track Recorder ... Good/Bad?

Hi there. Currently I am recording my my PC's Sound Card and lately have began to realise that I can not capture the true essence of the quality. So, I am looking at getting something good for recording.
Has anyone ever used the ZOOM HD16CD?
CCLI

Right now, for the price that I am looking for, it has been the best.

Does the use of digital devices make your job easier?

Since the subject has come up, I would like to throw this out as a general discussion on the aspects of the digital world we are now firmly a part of in the recording business.

Does having digital sculpting, digital autotuning, digitally enhanced instruments, modeling, in short any of these 'modern' devices, help you do your business?

Does it bring in MORE business?

early 90's digital editing

does anyone know what kind of digital editing techniques were available in the early 90's the time of nirvana, pearl jam, AIC, soundgarden, RATM, tool, korn, green day, STP, etc., did they do most of their editing back then on tape? would the digital interface they used have been the Alesis HD24 or something similar? i believe this was a time before pro tools was really around correct?