READ THIS BEFORE PURCHASE
Ok, to begin this is top of the line recording software and for a professional studio doing daily workflow I can see why. It is perfect for that situation. If you own a full blown commercial studio and make a living recording bands go for!
But, and this is a big one, if you are recording your own band, your a singer song writer, or eve if you have a small studio I would suggest a different approach. The hassle of the ilok alone makes me crazy, seems like every time i need to get some tracks laid down I have to find the key to unlock it...drives me crazy. Not to mention authorizing it takes a degree in software engineering and major patients.
Now that I purchased a iPad i have found my creativeness back in full swing with garage band. There are touring bands that have completed their records with garage band and you can not tell the difference between it and a protools album. Its cheap, easy, and ready to go with the touch of a finger. Song writers I urge you to stay away, its just to much and you spend your time playing with everything and not capturing your ideas. Simplicity my friends makes for great music.
Now get an ipad and record a hit!
I opened my studio to the public in 1998 and have recording many albums over the years. Most of my work was done on D8B, Alesis M20, and for editing in the computer I used MOTU DP. I loved the set up and only recently switched to Protools, should have stuck with the DP set up it was much better.