I want to set up a software-based home recording studio. I have used Cubase in the past but is Pro Tools better? Whatever I get must have a sophisticated wave editor . . . and ability to mixdown digital tracks. I would be very grateful for any help . . .

Here is an awesome article on setting up a home studio: http://www.audioneeds.com/forums/showthread.php?t=208

I would also strongly recommend joining an audio forum – forums are great because they’re free and there are usually tons of people on there who are willing to help you figure these things out. Hope it works