Hey, everyone. I am looking to buy two inexpensive all purpose studio mics.
 
I am looking at a large diaphragm condenser mic.
 
I will use them for room mics on drums and guitar cabs.
 
I will use them for close mic'ing guitar cabs.
 
I already have to AKG C4000B large diaphragm mics that we use for overhead mics on the kit.
 
So here are my first two choices...Rode NT1-A or AKG P420.
 
Please let me know what you think, thanks.

CAD M179.
 
Variable-Pattern, so great for all kinds of uses.  Inexpensive.  One of the few "budget" mics generally thought very highly of.

I've a stereo pair of Rodes, they're not bad at all for the price.

For guitar amps I'd suggest an SM57 as being the best low price choice though (in fact one of the best for that use at any price).

For overheads and acoustic instruments small diaghram condensors might be a better way to go,

I like the Blue Microphones line which has a price range of 200 bucks upward to 5000.  I have been using the Blue Bluebird which is an all purpose mic.  I use it for vocals and it produces great results and costs about 300 bucks.

SM 57 FOR CLOSE MICING GUITAR CABS.
 
it's been used on a million recordings, a lot of classic recordings, timeless recordings....
 
and a few new ones.
LOL
 
 
a BUDGET mic that you would use on a guitar cab, most times will NOT work for a room mic.
 
a large condenser would probably fill the bill for that,
but a BUDGET mic is just not going to sound that good for a good ROOM mic.
 
in other words,
you will make a great compromise on your room mics,
if you don't put some budget into it.
 
otherwise,
just get one of these:

 
and move on until you can save up enough money to get something really worth while.
 
 
 
personally, 
i have moved away from using mics for most of my electric guitar recording.
i use a Palmer PDI-09.
also suggested, Radial JDX, Aiken gold brick
 

I have many SM57s.
 
I also have a Sennheiser E906.

If you want a good drum mic + room mic + guitar cabinet mic, an LCD might not be the best bet.  A good Chinese made ribbon pair would go farther I think.  Fat Heads w transformer upgrade would be a more versatile contender.   
 
Stick with vocals on an LDC, and get a good one.  Otherwise SDC make better overheads and room mics due to much better transient handling and off axis response, and a good old SM57 on a guitar cabinet is still hard to beat.  
 
Just my 2 cents

 
 
What, no recommendations for the Bee ?
 
 
 

I had only considered using a LDC because I see them used so often on guitar cabs.
 
It was just a consideration.
 
I figured if I was going to consider this, then why not consider multiple uses for the investment.

O.K. so I am thinking of adding two Ribbon Mics.
 
Which do you prefer?
 
Avantone CR14
 
sE Electronics X1R