#1
I'm trying to get a basic home recording setup going where I can record riff ideas over programmed drums and synths... I have Acid Pro 8 and Fruity Loops but I'm not sure if either is able to record guitars??? Any help or advice on other programs would be very much appreciated
#2
If I'm not mistaken, Fruity Loops can accept midi inputs. If you somehow converted the guitar input to a midi that might work... Fruity Loops isn't a "recording" software though. It's a sequencing program that allows you to export the product. From there you can insert it into a recording application.
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Portugal. The Man »–
#3
Try to get Sonar Home Studio, as Acid's stability sucks and Fruity Loops isn't what you want for above reasons.
My Gear:

Guitars:
Ibanez RG 7 EXFX (27'' scale, 2x EMG 707)

Amp:
Mesa/Boogie Studio .20 Caliber

Recording:
Line 6 Studio POD GX
#4
I have Acid pro 4 and Fruity Loops. In order to record live guitar tracks you need a preamp that directly imputs into the computer. Your guitar plugs into the preamp and some come with distortion settings/ digital effects so essentially you don't need to bother with your actual amplifier. However you can do that if you want. I recommend a Line6 Toneport because it's simple and delivers a good tone. I use fruity loops only to sequence drum tracks for the music I record in Acid.