I really need some advice as i am new to recording. How would i go about recording a jazz combo made up of 4-5 instruments and a vocalist? Would i record each instrument separately or as a whole band. You see i dont have the money to record them as a whole band. The equipment i have is a m-audio sputnik mic and a tc-electronic studio konnekt 48 firewire audio interface.

Any advice is much apreciated

How many inputs does the soundcard have? What other instruments are involved?
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www.elementalrecordings.co.uk

so it looks as if your interface has 4 mic pre ins, and 8 line in's but you only have 1 mic so for a more tighter sounding performance i sould record what i could with the one mic that you do have. i mean from what I have heard and talk to people about jazz music usually is recorded with all the band members playing live but since you only have 1 mic i would record as much as i can seperately. for your drums and place your mic above the kit in front of the kick and see what kind of sound it get you....