Ha Zurf soaz!
From what you say I think the answer to your question is "No!" based on the fact that it only has 2 inputs (and on 1/4" jack AND they're unbalanced)
Yes you will be able to record on that, mix on that (although most mixer functions are software rather than hardware i.e. menu driven) and/or import to computer for further processing (mixing)/all processing, but you will only be able to get 2 signals at a time (i.e. 2 mics or 2 guitars or 1 mic and 1 guitar). The balanced thing is not an issue for many, but this thing is designed more as a rough notepad than an attempt at a semi-serious recording tool.
The Behringer Xenyx mixer I recommended a while back will only be able to send 2 signals at a time to go to your computer, BUT all inputs will be balanced connectors and you will have a fully functioning mixer. I'm basing this on what you said you wanted in your earlier post and the fact that to do all you want will require an up grade of EVERYTHING rather than using/integrating this Tascam unit into your future set-up.
Balanced signals: When you look at an XLR connector on a Mic it has 3 connector pins (the plugs on the ends of the lead have 3 corresponding pins or holes depending on which end.) 1 pin takes the earth, the other 2 both take the same signal but 1 pin/wire is "Phase Inverted" or "flipped over" so that if you were to look at a graph of the signal where + (positive/original signal) is going up the - (negative/phase reversed signal) is going down in the exact opposite way.
If you were to play the original signal through one speaker and the phase reversed signal through another speaker, when the 2 soundwaves met they would cancel each other out leaving silence; the same would happen in your mixer or your computer.
The beauty of this situation is that any noise picked up on the cable's travel will be the same phase on both the + and - so when it gets to the mixer and the - signal is flipped back and added to the original + signal, the noise becomes phase reversed/inverted and the 2 signals cancel each other out leaving you with a clean noise-free signal!
Hope this helps and remeber that shops want to make a sale, Chordians want to steer you right!!!
PS Tascam/TEAC products are superb, I own a DA 38 and it has always given me broadcast quality results!
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