I'm a little confused. What is your intended usage? <1> Bit bucket (digital input), <2> ADC/recorder (analog input), <3> all-in-one recorder (pre, ADC, and record), or <4> some combination? It would be helpful to confirm since different recording devices offer different feature sets that may or may not be applicable to your intended usage.*
Also, do you have a budget? I assume in the ~$300 range, since you're considering the MT II?
* For example, the MT I/II may act as either a bit bucket or ADC/recorder, but doesn't really offer meaningful preamp features (though this may depend on the mics and recording scenario). The Edirol R-09 makes a nice ADC/recorder, but, like the MT I/II, doesn't have meaningful preamp features, nor can it act as a bit bucket since it has no digital input. The Tascam HD-P2 will act as a bit bucket, ADC/recorder, or all-in-one recorder (phantom power, preamp, ADC, and recorder).