Personally, I would snag a digi-mod UA-5 from ebay and patch from other tapers or the soundboard. Then, in the meantime, I would study and read up on differnet mics. Save your money for a decent pair of mics. You can have a decent beginner set-up for another $300-400 (Superlux/Octava mics > digi-mod UA-5). Other folks may be able to suggest other A>D converts, as I am only familiar with the UA-5.