What is the equipment needed for home music recording?

Question

I would like to know what is the minimum required equipment for me to record all musical instruments, including drums, at my place. If possible, mention the specific equipment.

Answer 1

Minimum price? A $6.95 mini-cassette recorder will get all you specify.

Answer 2

It really all depends on your budget.  You can actually do it with one microphone if you put the mic in the right place in the room.  You will need to experiment.

Here is a good starter home recording package:

http://www.music123.com/Digidesign-Mbox-...