Re: iMac 21.5 with 16gb,
You can also use the Apple Thunderbolt to firewire adapters for external drives. Thunderbolt drives are still pretty expensive right now.
Regarding the Eleven Rack, if you play guitar or record a lot of guitarists, it's a great solution. If you don't, or if you need an interface with more ins and outs, then maybe another solution would work.
The prices Albee was referring to for PT10 would be buying a used license from someone, which is fine also.
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