Even the oldest of my PC's can pull off high quality recording (an old 933MHz P3 running XP), it's all about knowing what you're doing and what your limitations are. In this day and age, unless you just want to blow money, there's very few scenarios where it would be worth it to invest in studio time.

I don't know how it is in Mac land, but I could pull off an entire studio for free under Windows complete with high quality compression (multi-band if necessary), multi track audio recording, high quality effects, and all that (legit free, not cracked warez full of malware and shit).

All you would need would be mics, headphones, and monitors if you want.
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"Where was the peace when we were getting shot? Where's the peace when we were getting laid out?
Where is the peace when we are in the back of ambulances? Where is the peace then?
They don't want to call for peace then.