As you ALL know there are alot of Guitar Mics to use.
What is the best mic to use for recording that ISNT top of the line??
Any Ideas??

You really cannot go wrong with a Sure 57. I've used it on dozens of recordings (including this one with out any fancy pre-amp (just into a Firepod interface which does have one, but nothing top of the line). The S57 will only run you around $120 and with good mixing and leveling will work great. Lots of professional studios use them quite often.

But how you mic has a lot to do with it. I find placing the mic directly in front of the cone as closely as possible and then recording two tracks and panning them makes a nice "full" sound.

What interface are you using to run the mics in?

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I just got a TASCAM 2488 24-track Digital Recording workstation
Ive spent alot of time in studios paying out of my pocket and I thought to myself some self knowledge about recording would go along way and save money in the long run. Considering the unit that I just bought was 799, not to bad really. So I'm really looking for a good basic setup for a home studio.
Drum mics, Guitar Mic Ect I have had some experince with recording on a 4-track tape recorder I think I would record 2 guitar passes and then a bass pass and a drum machine pass, that was when i was just starting to get in to recording my own music and didnt really have experince or the money. I noticed with the 4-track that if you pan either guitar pass to right and one on the left it would make the track sound full. Dose this same principle appy with the digital age? Also Will I be able to make a Clean pass on just one track with out it bleeding into another track while playing back the orignal track and while recording another guitar track ect.

These things get really good reviews. They are specifically designed for mic'ing cabinets.

http://pro-audio.musiciansfriend.co...hone?sku=276668

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Ah, musician's friend, how many complaints of tight budgets have ye not drawn from me.

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Shure 57s are great.

I've had good experiences with Audio Tecnica mics, both condensor or dynamic.

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I was actually looking at the Shure SM57 as a voical mic, and the Sennheiser E609 Silver Dynamic as my guitar mic. Im not to sure about what kind of drum mics I would like to use, I would like to use a Dynamic over head mic but not really sure what brand to go with for micing the whole kit.

I'd suggest pretty strongly against using the SM57 for a vocal mic. 58 would be much better for vox, both live and in studio.

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I thought the SM57 was basically an SM58 without the mesh grille?
Unless there is something technical I dont understand?
I know that Its been known for miking guitar and snare for both live and in the studio and I think the SM57 and the SM58 are the same price at $109
I guess what It comes down to prefrence.

The SM58 is specifically designed for vocals. The SM57 is an 'instrument microphone' specifically designed for acoustic and/or amplified instruments (drums, guitar/bass cabinets, brass, acoustic guitars etc). It can be used for vocals though, depending on your personal preference. My ol' man uses a SM57 for vocals because it has a very 'punchy' aggressive sound. You have to sing directly into it though, you can't go a bit off to the side like you can with vocal mics. You also have to get your mouth RIGHT up to it; you can't be too far back, or it will produce a very weak sound.

Matt Harvey from Exhumed uses a SM57 for live vocals, and it sounds fucking awesome.

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I've used some of them before. Now I hope I can buy the other ones with better review.