Allen&Heath Mixwizard 16/2 @ $455 current bid. Basicly a 16 chnl console but with track-out on all 16 chnls, 4 auxes and british eq with sweeps. Superb sound and the 16 track outs enables multitracking purposes for use with multi I/O cards.
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=2575767754&category=23785#ebayphotohosting
Brings me to the next item.
RME Hammerfall 9652 current bid @ $295, 52 mono chnls @ 0% latency, Asio hardware embedded. Full adaption to practicly all output-formats. This bid also includes the AEB8-I optional board enabling 8 chnls of analogue input ( 8 chnls of A/D converting basicly, pretty good ones too ). Though this also implies you will need an extra AEBI-8 and the 2x AEBO-8 giving a total of 16 I/O 24bit A/D - D/A converting, encompassing on using the multitrack utilities from the mixwizard. An extra AEB8-I costs $239, same for the AEB8-O (x2) coming to a total of $1012 for a 16 Chnl HD recording system with quality A/D - D/A converting.
http://bayviewproaudio.com/rme_audio.html
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=2575384895&category=41784#ebayphotohosting
Next best thing, why not use the right nearfiels right away.
Genelec 1031a, active nearfield. A million engineers cant be wrong and for $1600 a pair ( current bid ), definitly tops the setup of above ( and assuming you already have a pc ).
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=2576811439&category=47093
Current total spending, $3067
Buy logic 5.0, dunno the price, but youll have money left for it. Lets say 300.
Emu Planet Phat module @ $265 current bid,
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=2576777016&category=38071
Korg TR rack current bid @ $398. No comment needed I guess,
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=2576779119&category=38071
Roland JD800 ( for use as masterboard ). Very good analogue digital hybrid synth, just your average wobbly basses and freaky noises, pads, keys etc. The next of kin series from Roland released after the JD800 was the JP8000/8080. Current bid @ $550
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=2575522518&category=38090
Give your drums some dynamics.
DBX-166XL Dual Compressor/Limiter/Gate current bid @ $189
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=2575430346&category=23793
Fairly good dual fx unit, the lexicon mpx100 ( and midi ) current bid @ $100
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=2575595131&category=38070
have another one! Current bid @ $89
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=2575794587&category=23790
Done
You have left
$45 for cables on a budget of $5000 ( also excluding shipment etc )
The equipment can be accounted for good budget material, a DAW with 16 digital I/O @ 24bit up to 96 kHz @ 0% latency ( were using a P2 266 for 24chnls with a Hammerfall 9652, no probs ) and superb A/D - D/A converting. Some basic but very usefull synths and the option to choose from 32 midi chnls I/O. A 16 chnls mixer with good eq. cq. quility, warm analog blending. 2x24bit fx unit with digital I/O and midi ( for sync delays etc ). A nice punchy compressor from drum tracks, or basses whatever suites you, I use for the drums only. And last but not least, it would be safe to say that youre monitoring through the best nearfields in the industry. Pretty much a complete pro 16chnls setup analog/digital ( whatever you want ) just under or above ( its ebay ) $5000. Maybe a ruff estamation when looking throgh E-bay only but its defintly achievable getting the models and makes around the prices that I found them. No denying the quality here.
PS I assume you have a pc already and that youre not bothered with recording vocals, if you would want to records mics than you can get Pre Amps for the rme hammerfall in various outfits, check the specs, again good engineering work, prices are oke but affordable.