This is a question that comes up repeatedly in the audio newsgroups and forums. It's a question that really has no right answer. Although I don't care much for the NT1, it might be the right mic for a given situation, depending on the type of voice, the individual guitar, the mic preamps you have available, and so on. There really is no "best" microphone. They all sound different, and none will be ideal for all applications.
Fortunately for the hobby recordist on a budget, there are some great microphone bargains out there. My recommendation for a single mic that sounds better than most in the applications you're talking about, would be the one that Tommy recommends, the AT 4033. This is a large diaphram condenser, like the NT1, but a big step up in quality, IMO. These can be had for $299 from 8th st. music ("bulk pack" with box and shockmount). Some of the
MXL mics from Marshall Electronics (no, not
that Marshall) are very good, too. Personally, I'd avoid the MXL2001P, it's roughly in the same catagory as the Rode NT1. Some people really like it, though. The MXL2003 is very nice, and so is the V67, especially for vocals. For an instrument mic, the MXL 603 small diaphram condenser is getting some rave reviews, and they are amazingly cheap, around 80 bucks or so online.
The Russian-made Oktava mics are also in the NT1's price range. You can find these at Guitar Center, but quality varies from one unit to another, and Guitar Center won't take them back, so try before you buy. I have an Oktava MC-012 that is really great for guitar, and works very well for male vocals as well.
There are a lot of good choices, but what works well for me or anybody else might not be the right thing for your situation. Try out as many as you can, and borrow or maybe even rent some if possible.
Mic preamps are a whole other discussion, but a poor preamp, including many of those in budget mixers, can make a great mic sound lackluster and muddy, wheras a good preamp can bring out startling detail in a Shure SM-57. The pre's in the Mackie boards, while not the greatest, are pretty decent for the cost.
The best prices I've seen online are at
8th street Music and
Filament Audio.
<FONT SIZE=1 COLOR="#8e236b"><p align=CENTER>[This message was edited by Jerry Gleason on 25 February 2001 at 04:33 PM.]</p></FONT>