Great thread alohachris!
After a ton of question asking and re-budgeting this is what I currently use:
Microphones:
Rode NT1-A
Samson C01
Shure PG81
Shure PG58
Shure SM58
AKG D 8000M
Audix OM-5
Mic Preamp:
Focusrite Voicebox (Class A)
Equalization:
DOD SR231Q (31 band)
Signal Processing:
BBE 428i
Behringer DSP1100P (used as digital 31 band EQ)
DAW:
Reaper w/ Audacity
Headphones:
(1) AKG K 240 studio
(1) Sennheiser HD201
(2) AKG K 44
Beyerdynamic DT252 (wishlist)
Beyerdynamic DT 990 Pro (wishlist)
Monitors:
JBL
Mixer:
Behringer Xenyx X2442USB
Digital Recorder:
Fostex MR-8mkII
Amps:
DRIVE CD300
CRATE FlexWave 15R
Line Effects:
Digitech RP90
DI Box
Instruments:
Acoustic:
Taylor: 410ce-SL (Spruce/Koa)
Dean: EAB (Bass / Spruce/Mahogany)
Epiphone: AJ35S (Dreadnought / Spruce/Mahogany)
Takamine: EG523EC (Jumbo / Maple)
Cedar Creek: Mountain Dulcimer
Ibanez: M510-DVS Mandolin
Electric:
Spectrum Strat Replica
Ibanez RG2EX2
Keyboard:
Casio LX220
Percussion:
Percussion Plus 2 1/2 octave Bell Kit (F to C)
Cajon
Macho / Hembra Bongos
Foot Tambourine
Piccolo Cabasa
Mouth Harp
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Favorite recording techniques on acoustic guitar I place the PG81 and SM58 on a bar at 90deg approx 8" - 12" away from the guitar. The PG81 I have aimed at just below the 12th fret and the 58 at the neck. Occasionally I will also add an additional track with a 58 placed behind the body of the guitar to help capture bass.
I have recently started recording an 8 course Lute and I use the C01 approx 12" above and 3' away with the PG81 about 8" away aimed where the neck meets the body.
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For Vocals I use the C01 into the Focusrite into the X2442. I use an insert to route the signal to the DOD for additional control.
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Everything is routed out of the X2442 via subs to the Fostex recorder and then mixed in Reaper.