jase the only thing i can think of worthwhile mentioning here
is to have a really good chat with the band before they ever set foot in your studio - and just see where they are at with their songs - if you are going to do it for cheap then make it easy on yourself - get them to record a practice session (no matter on quality) just to have a quick listen to their arrangements so you have an idea what you are up for...
and basically tell em to get practising. they have to understand that more takes would normally mean more money.
i agree with you mate - at some point you have to start making some cash back - you do the bands you like for experience and the ones you dont for moolah (or not at all)
good luck with it anyways - post us some mp3s when youre done
