I've had 3 MD recorders over the last eight years which have been excellent for recording sessions. An important snag with them is that you can only transfer to a computer in real time - ie you have to play the track into the computer. You also have to buy a good stereo microphone, which costs as much as the machine. The other snag is that it works mechanically, and it's mechanism is liable to fail sooner or later. When my MD broke down on a recent trip to the Appalachians, I bought a Zoom H2, and I shall never go back to MD. Much more convenient, user friendly, great quality, direct file transfer, superb built in mikes. This is a new recording eon! An eon seems to be about 10 years, these days....
Cheers
Ray