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Well condenser mics will typically yield higher quality more accurate recordings, but are generally used for some vocals or acoustic recording. Also the room you're in will affect condenser mics' sound.

For basic cheap good recording, you can't really go wrong with an SM57 or SM58. I use an SM58 for vocals, then I unscrew the grill to record guitar so I can get a close amp placement like you would do with an SM57.