Computer users can get a better sound card and improved software. Digidesign offers a 16-bit entry level package of ProTools at this price. Ensoniq offers an entry level version of its Paris DAW system. Computer owners have many packages, hardware, and software options. Modular Digital Recorder user can add additional units for more tracks and set up a totally digital studio using digital mixers.
Options abound for computer owners.
ProTools and other packages are available. For this kind of money, you will definitely be in the 24-bit hardware and software realm and can expect truly professional sound quality. There are just too many models and options for me to list every possibility setup, but you should be beginning to get a good idea of what you can expect. Start visiting some manufacturer websites and your local music store, and begin doing some research. Once you have done your homework, you'll be ready to dive in and start experiencing the wonders of home recording.