So i'm thinking about getting some sort of a way of recording guitars and vocals. I have thought of a setup but i don't know if this will actually work because i have no knowledge of these sort of things and have done a little research.
I thought about getting an m audio fast track and a shure SM57 for a mic.
now what i really want to know is... is it as simple as connecting my guitar amp to the fast track and then to my computer? ( My peavey 112 bandit has a direct simulated output)
the same with vocals, just the mic to the fast track and then to the comp?
i could also mic the amp i guess
Certainly will work, dude. You should try micing the amp since you'll have everything you need and there's no reason not to. Otherwise, your plan will work fine.