I have not bought a mic for my studio in over ten years. I attribute that to not buying bottom tier gear. Here is what I'd want for a basic home studio mic setup. SM 57 at the top of the list. If you have a hundred bucks period for a mic, buy this one. Then I'd buy a large diaphragm condenser and shoot for something in the over $300 range. I have a Rode NT2 but Audio Technica and many others make good mics. I'm not a fan of cheaper Mics but I'll have to admit that the Rode NT1a is pretty decent. Then you round things out with a pair of small diaphragm condensers. A good sounding acoustic guitar can sound great in stereo. I bought my SM 81s one at a time as I could afford them.
Anything higher end than the above, and I'd have to start thinking about a quality mic pre. The trick is getting your whole signal chain to match. Buy a thousand dollar mic, and it will point out weak links.
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2007 Martin D 35 Custom
1970 Guild D 35
1965 Epiphone Texan
2011 Santa Cruz D P/W
Pono OP 30 D parlor
Pono OP12-30
Pono MT uke
Goldtone Paul Beard squareneck resophonic
Fluke tenor ukulele
Boatload of home rolled telecasters
"Shut up and play ur guitar" Frank Zappa
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