I play bass in a punk/grunge band and we are very anxious to record a demo. However, the only recording method we can afford is through video taping ourselves and stripping the audio from it. So if anyone has some insight on weather or not that would cut it, it would be greatly appreciated. And if anyone has an opinion on another affordable recording method, that too would be great.

Btw, the video camera we use is a <i>Flip Ultra HD</i>