Yup, gear means equipment.
Am I to believe that you intend to write an entire almbum using nothing but a K2000, a ten year old Atari, guitar and a POD?
Are you trying to be a hero? There's nothing wrong with writing albums with limited equipment and little bells and wistles if you are a trumpet soloist or a classical guitar player. However everything that sells today is recorded and mixed according to those things called standeards.
WHich reminds me of a story. You know, the one that starts like this:
"We're going on a bare hunt, we're not scared!"
It doesn't have a nice ending because going on a hunt and bringing no gun or a nife results in either safely but shamefully running away or else...

Now are you going retro or just making a demo album? Those things called standards link our desires and ambitions with the real world. Live up to them and you're one with the force. Try to be a hero with empty hands and you're either lucky or gone.
-ED-