I have the H4 and agree with what Diki said. Excellent device for capturing an all in one take, but not so good if you are going to record and edit.
For the latter, my laptop with an M-Audio fast track ultra does the trick quite well. 8 ins and outs with the ability to record and / or edit 8 seperate tracks at one time, unlike many of the lower end standalone DAWs that have 8 tracks but can only record 2 or 4 at one time. Probably not so important for someone working solely with an arranger, but almost a must have for me when I record our band.
AJ
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AJ