Condensers are generally more sensitive than dynamics, due to the tiny mass of the diaphragm you have to move versus the mass of a big coil of copper wire.
Common wisdom says you have to use a condenser for quality results, but that just ain't so, especially for male vocals. I think if you have an actual isolated and treated vocal booth, then yeh, use a condenser to get every nuance. But if, like so many hobbyists, you're recording in a bedroom, garage or basement, then you will get better results with a dynamic microphone. And, like Jim noted, an SM7 was used on all of M. Jackson's records. It's basically a hotter version of the SM58 with similar tone.
I have a booth with lots of absorption, but after Windows 10 killed my Tranzport it got to be a hassle to record myself back there. So I began experimenting with using my stage mic instead and positioning myself in front of a single baffle next to the computer keyboard. To my surprise, results were not only good, they required less post-processing. Nowadays if I'm recording myself, it's usually a plain ol' '58. The expensive condensers stay in their cases and only get pulled out for acoustic guitars.
I'd also add a thumbs up for the Heil that Zargg mentioned. I tried one at NAMM, with the PR40 in one hand and an SM58 in the other. The Heil's larger diaphragm made it incredibly smooth and more sensitive compared to the Shure. The only downside is they're more than 3x the price of a '58.
BTW, Shure's got a new dynamic out called the
KSM8 that looks really interesting. At $500 it's kinda pricey for a dynamic, but it supposedly has
no proximity effect. I'd love to try one. I'm thinking it might be a great studio vocal mic that I could also use on stage.