RobertB
get a boom stand. I have two of them, and they are indispensable for positioning the mics.

I raise you a solid boom stand with a counterweight if you're gonna have just one stand in your studio. Stuff's gonna sag and topple (König & Meyer, I'll see you guys in hell...)

I absolutely hear you guys on that! Im in the process of videotaping greetings for an overseas weeding at my church's newly built studio... W haven't set up any of the gear, so I just used my own interface and cables. I got to, however, use the AT4050 and a REALLY nice boom stand- when dealing with individuals all the way to families of 8, the boom stand is incredibly versatile and I think I'd be a fool NOT to get one (my brother sorta broke my current mic stand anyway XD)! Sadly I didn't mess much with the 4050's polar patterns, I'm sure it can make getting some groups a bit easier.
 
off-topic: I tried using the mics our guys bought with my AudioBox and the 4050, and I got some DISGUSTING noise. Switched to some HOSA 20-footers and had no problems. Maybe a little whine, but far better signal than the cables that were present in the studio. any idea why this occurred? (I think his were "Your Cable Store" brand or something)

Probably just bad or poorly assembled connections.
As a cable technician and working with this stuff, I have learned that a huge percentage of problems stem from bad connections.
On a side note, if you don't already have one, a lava lamp is essential gear.