Professional Sounding Audio - Here is a great article from ProSound once again.
It seems like if the gear is not vintage, a name brand or high priced, it's automatically shunned, but the major variables that go into making a good recording always lie in other places than the gear itself.
-- The Player and the instrument contributes about 50 percent to the overall sound.
Get a player who's not yet that accomplished and record him with his equipment.
Chances are it will sound pretty mediocre.
Placement is really your acoustic EQ and is responsible for the instrument's blend in the track.
Read the full article here: