#2
This video says it better than I could explain it here...

http://www.imperialmastering.com/guitartonevid/

It's long, but the info is priceless.
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#3
The most basic thing to do is to play your guitar, get another person to move the mic around the guitar/amp till you find the sound you like. There's no good sound or bad sound. Its all subjective. What one person might find good, other might find bad, so its all upto your taste, well most of it.
Cuz there's the **** sound too which is just bad in every way!

And for the SM58 mic, unscrew the popshield (the metal mesh thing on the top of it) and record with that removed. Thats only for while recording vocals. You'll get a better guitar/any instrument sound with that removed.
#5
Quote by ever dying
...But almost an hour..


That's the only draw back, but it's an hour well spent.
Irrelevant quote from obscure person
Obnoxious statement regarding size of e-ween
Italicized text indicating bandwagoning masquerading as deep thought
ASCII graphic that will take over the world if you put one in your signature
Made up statistic