jazzboxmaker & TonyFlyingSquirrel,
Thank you, both of you. I believe that you guys have more or less answered the questions that I have at the moment. You guys are great. +1
My goal is to record eventually, but I'm not at that level yet. I have quite a ways to go, particularly on any keys. My girlfriend is the real keyboard playe and I'm still learning. I play guitar and drums though, but have never done any serious recording. So, like I said before, recording is my goal, but I see it a little way out on the horizon at the moment. In the near future, it is my plan to just start recording more seriously. I particularly like the idea of looping some tracks.
Like jazzboxmaker said, I could definitely achieve some of my goals with standalone instruments, but I'm trying to avoid compiling a bunch of equipment. I'm really drawn to the idea of having everything on my computer. Especially, when having to move equipment around. Taking a MIDI controller and a computer seems easier than taking a synth and a piano and a drum machine, etc. Not too mention cost effectivity. In the future I can always upgrade from "Lite" versions if I need more options.
Agian, thank you both for fielding my questions.