I've been saving up for home studio equipment and trying to decide what I will need to accomplish this goal and how much I actually need to save up to.
Here is the gear I've been looking at getting.
Buy Studio RTA Mix Station | Desks, Tables & Workstations | Musician's Friend
Buy Line 6 POD X3 Pro Guitar Multi Effects Processor | Desktop & Rack Guitar Effects | Musician's Friend
I'm not sure if I need studio monitors? I plan on hooking up to a windows xp system for the recording with lots of ram and dual core processing.
My next question is how does all this hook up? I know the pod will probably plug into the studio monitors but what about the pc? do I need a different sound card in the pc to plug into the monitors?
If you're PC is powerful enough, you could probably save a lot of money going with one of the Toneport models over the X3 Pro. It acts as an interface with your computer (so you'd plug your guitar into the toneport and speakers/headphones as well). I believe some of them come with POD Farm (platinum?) which has all the stuff in the X3 but is run on your computer rather than in a big hardware box.
Monitors are certainly an interesting topic and you'll find opinions all over the spectrum. For me personally, I'm holding off on buying decent monitors until I'm in a room where I can treat it acoustically. Just not practical for me at the moment, but I make do mixing the majority on headphones and checking on some logitech 2.1 speakers at the moment.
As for the desk I'm not sure. I'd be more inclined to get stands for the monitors if you're going that route, and the screen is up awfully high. I can't imagine that'd be comfortable for extended periods. Without seeing it in person though I can't really judge how high it is.