Lucky thing she didn't recognize you .

Sorry, sorry, sorry, I couldn't help it. Getting robbed at gunpoint is no laughing matter, but the (unintentional, I'm sure) phrasing made me chuckle.

On topic, I use an arranger to both write and "quick-arrange" new tunes. I work with several singer/songwriters in the area. However I find myself using workstations to track 'final' instrument parts (although, in most cases, arranger voices are just as good, quality-wise). I don't use either for live performance (jazz organ trio). For serious demos, I would look elsewhere for recording capability although either might be okay for a "quick-and-dirty".

Although it's easy to say 'throw money at the problem', I'd say, get the best instrument you can, arranger or workstation, at the budget you've set, and start a new savings campaign for some decent recording equipment. At your price point, I don't think you can find something that will fill both requirements to your satisfaction. Just an opinion.

chas