MPC500 vs MPC1000 for live MIDI sequencing

Hi MPC Fourms,

Sorry if this has been asked a million times ( couldn’t find a direct answer)

Can someone tell me if the MPC500 will be fine or I’ll need a MPC1000 to do what I need -

I am looking to do a PC free live set, and I want an MPC to sequence all my synths via MIdI , each synth running on separate channels at the same time.

Before this I also want to be able to record the MIDI patterns into the MPC and save them. So for example to record a bass line from a synth can I say press record on the MPC play the synth line and than stop and save it into a bank etc?

If the above is Possible, can the MPC500 easy do this? ( thinking that I don’t want to spend on a MPC1000 if i don’t need it)

Are there limitations like other MIDI sequencers?

Thanks in advance for any help as it will really speed up trying to get my project on the road

Both can do, but for the convenience, spend a little more for the 1000. If on the budget, go 500, but remember, its more tedious.