Another good bet is the M-Audio MicroTrack 24/96, which sells online for $399 (e.g. Invalid Link Removed). It has no internal microphone, but it includes a small external one. It records to 24-bit/96kHz, unlike the Edirol which does 24/48. Also has much more variety of inputs, including digital audio in, and both 1/4" and 1/8" mic/line inputs. Provides phantom power if needed. Has RCA outs and a 1/8" headphone out. Also, of course, a USB out port. Comes with Audacity software CD (I understand it's a free program anyway, but still nice of them to include install media). Overall I think the M-Audio appears to be a higher end product for just a bit more money. I've never tried the Edirol R-09, though. M-Audio is a wonderful company. Edirol is good, too. I've bought products made by both. Make your own decision, but don't overlook the M-Audio. It's a truly professional-grade piece of equipment.