This is a valuable thread. Good work people.
I'm glad others mentioned how hard studio recording is, i.t.o. the flawless precision demanded of the muso's. Definitely you should start cheap just to get some experience.
Or better yet, start at home. Any old DAW on any old PC - just start getting that experience before venturing out and spending money.
A clicktrack is a merciless mistress, you'll hate her deeply before you learn to value her HAHA.
Alright guys thanks a lot for the help, without you I would certainly have made a serious mistake along with the band.
You're right about that dude, these people just saved you a big long painful, potentially costly learning curve. Good luck!