I used to do some session work at a radio station who had a pro tools set up.
Their set up was worth 10's of thousands of dollars.
I talked to their engineer a lot and he was like 'You have to get Pro Tools to do anything'
So I assumed that a decent home set up was never going to be affordable.
Then one day I went to a friends house to do some recording in his home studio - He had an old version of Sonar (Was Sonar 2 I think)
What we recorded in his basic home studio with a $500 interface and some Behringer V-Amps turned out just as good as anything I had done at the radio station.
It was a real eye opener.