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I would check out something from M-Audio, such as the Audiophile 2496. Should be able to find it for $149USD or cheaper fairly easy. The Audigy platinum is a decent card with a lot of features, but it can't handle recording in full 24bit 96khz quality unlike the M-Audio card. Unfortunately I can't go into much more detail than that, but it does seem to be a pretty popular entry-level pro card.
For producing Reason is a pretty good piece of software, along with Fruityloops . For straight recording Soundforge might work as well.
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