My studio has all the basics (mid-grade) and we are currently upgrading to "pro" gear as we can afford it. We are also starting our own label/publishing company.
Guitars
Guitars:
Les Paul, Fender Strat, Ovation Viper (solid body electric), a custom electric, and a Takemine acoustic.
Keyboards
Yamaha SY-22, Korg DW-8000, Roland A-30 controller
Sound modules
K2000r, Alesis QSR, Roland MKS-20, EMU Vintage Keys
Percussion
7 piece Pearl kit and various percussion toys
Effects
Lexicon LXP-15 and alex, A.D.L. tube compressor, Berhinger and DBX compressors, Hush and DBX noise reduction, Digitech Studio 400, Alesis Q2 and MidiVerb4, BBE Sonic Maximizer, TL Audio Tube mic pre, Focusrite Red 8, and Roland GP-100
Microphones
CAD, Shure, AKG, and Octava condenser mics. Shure, AKG, Audio Technica, and Senheiser dynamic mics.
Mixing
Mackie 32 channel 8 bus with meter bridge, Mackie 1604 for keyboards
Tape decks
Alesis ADAT XTs (16 track, 24 in near future) w/BRC, Panasonic SV-3800, and Sony cassette machine.
150mhz pentium, 48 meg ram, 5 gig HD, CD recorder, 17" monitor
Music software
CakeWalk 5.0, SoundForge 4.0, Alesis Soundbridge.
Additional equipment
Music Quest MidiEngine 8port/SE rackmount, and a custom made electric dulcimer.
Comments
The studio control room is located in a room I built in the garage, and two of the bedrooms have been made into isolation rooms. A 24 channel snake links the control rooms with the isolation rooms and we have video monitoring of the rooms.