"$3000 to track a hiphop vocal? That's crazy. A $300-400 mic and a $700 pre-amp should easily do the trick."
For sure dude. I dont record vocals but whenever you read info from respectable sources they all say the same thing: Mics and pre amps are rarely the cause of bad vocal recordings. It is nearly always down to bad singing and/or bad production techniques. People put way too much emphasis of mic/pre amp combos. Countless truly great albums have been recorded using mics like the Shure SM58..
Good mics and pre-amps will give better results but what they will never do is make a bad singer sound good or make a bad track better. You will never make or break a truly great song with your choice of mic...
Loads of info can be found at:
www.sospubs.co.uk