Well, that would be the ideal set up - doing it all by PC. The problem I have, however, is that I can't find a room that has space to fit both the PC and my Amp on a long term basis. This means that I would either have to lug my amp upstairs whenever I want to record (not fun, it's heavy)or take the PC downstairs - which is not practical...
Therefore, at least while I'm still living with my parents (and probably when I clear off to uni also) a hardware based recorder is going to be the only viable option...
It should provide everything I'm likely to need until the time comes that I can expand, but if I already have something I can record with, the upgrading can come gradually over time. If I needed to record a whole band situation, one of my best mates has a very high end home recording studio in his loft, and said that I'm welcome to use it if I ever find something I can't manage myself.
The whole "Reason" thing came up because that same mate has it, and said that I can make a copy of it if I want to - so I wouldn't even be paying for it, but if there's something that would do the same thing better then I know what to buy in future...
After further reading (Midi Keyboard Buyers Guides), I think I have discovered that "USB/MIDI" would work without the midi port, so I don't need to worry in that respect :drink: