If you are still planning on running the Mic 24/96, then really, for practical purposes, all you need is a bit bucket. The 722 is an awesome machine, but rather pricey, if that is all you will be using it for. The Microtrack 24/96 is the budget bit bucket of choice for most. Digital in, unlike the R-09. If you were going to go with mics>deck, then the 722 is an excellent option, as many many people, me included, have no problems at all running without any other equipment in the chain, even though we frequently do anyway.