Thanks again to everyone's help. Let me ask this question and see if
anyone has any thoughts.

Do you think there would be much difference in quality betweeen:

A) Using the Tascam unit (16 bit), along with it's own phantom power +
2 mics (under $300 for both mics)

and

B) Just using the Edirol R-1 unit (24 bit) which has two built in
stereo mics.

???

If the difference wouldn't be that great than I might as well go with
the Edirol and get the benefits of ease and portability as well.

Clement