Cassette deck from 1979 on the floor in front of my amp.
I don't really count since I haven't posted any clips on the net lately due to my lack of practicing, but... I was once half owner of a small recording studio. Maybe that qualifies me to comment? Maybe the fact that it went under disqualifies me?!
Equipment currently in my music room:
1. All kinds of amps and fiddles
2. Either an SM57 or a Shure KSM27 large diaphagm condensor or both
3. Presonus TUBEPre mic preamps x2 $99 each
4. ART LeVLAr tube compressor x2 $99
5. M-Audio 2496 sound cards x2 $99
6. ART HeadAMP headphone amp $49
7. Yamaha RH-5 mA phones $149
8. Alesis M-1 MKII monitors $300
9. Monster mic cables and patch cables
10. Radio Shack guitar cables (no joke!)
11. Red Box Pro or Behringer G100 speaker emulators $99, $39
12. Furman power conditioners
13. Sonar 4 Producer
14. Acid 4.0
15. Vegas 4.0
16. Various VST and DX effects plugins
17. s2 preamps and pedals!
Method:
I usually mic the speaker with an SM57 about a foot away and slightly off axis. I also go direct in with a Red Box or the Behringer. The Red Box sounds darker, but both are pretty good. The combination of direct and miced signals gives me a lot of flexibity to mix the different textures for unique sounds. In a perfect, world, I use 2 mics on the amp with a dynmamic close and a condensor for room, but I haven't had a room large or quiet enough in quite some time. I'll try to record a clip tonight to show the difference between the direct and miced methods and with them mixed. I also like to record 2 or more amps at once to add complexity to the sound.
The key to digital recording is to get as much signal into the track as you can without clipping. If you hit zero on the meter, you will get some nasty sounds, which is completely the opposite of how real tape works. If you don't have enough signal, you are wasting bits and therefore definition. So, you want to try to peak at about -3dB consistently if you can.
I record totally dry except for a tiny bit of compression on rare occasion. In the digital realm, you have plenty of opportunity to add effects after the tracks are down. And, you can monitor wet as you record the tracks, so it SOUNDS like you have effects running, but they aren't being recorded.