I've been archiving my song and tune 'catalogue', primarily as something better than numerous scarcely playable cassettes, and secondarily as a way of 'terrorising' family and friends.

My equipment: mike= T-boneSC450USB + pop filter
               
             software= Wavesound 6

The only problem is that the sound card on my PC doesn't support all the Wavesound functions- no mixing desk, for example.
But for archive CDs it's OK. I haven't heard any complaints about lousy recording quality either- for all I know the recipients probably threw the CDs out with the garbage!