I just thought I'd make a post to encourage people to explore the marketplace and what minimal investment gets you on top of the excellent free stuff that is already out there. So with no further ado, my setup:
(see screenshot because code formatting display doesn't show table properly)

It is important to keep in mind that Ableton Live Intro comes without a bunch of important stock plugins (e.g. The Glue, EQ8, some delays etc). So far I haven't run into trouble with the 16 track limitation, in fact it has helped me as a creative limitation! You could also add another 100€ to this budget for a used interface and a budget mic, I still had my ancient M-Audio Fastrack and my old AKG Dynamic Mic flying around. This is also the only problem I have with this setup: Preamp and Mic are quite noisy and the stock Noise Gate in Ableton can't really cope with the hiss without sounding really choppy in betwenn vocal lines. Any tipps to improve on this software wise?
