Yamaha very recently announced the arrival of their new AW16G digital audio workstation.
"A high-performance 16-track hard disk recorder that's portable, affordable and easy-to-use."
Based on and retaining many features of the flagship AW4416 Professional Audio Workstation, including 2 pro-quality multi-effects processors:
"The AW16G offers musicians of all backgrounds a complete music production solution--all the way to CD. It also provides unprecedented functions in its price range, such as the amazing ability to record up to 8 tracks simultaneously, a built-in loop sampler, 4-band parametric EQ and dynamics on all channels, 36 channel mixing capabilities (16 playback tracks + 4 effect returns+ 8 inputs + 8 sample playback tracks) and a Sound Clip function that lets you quickly capture musical ideas while practicing." More Info:

http://www.aw4416.com/e/news/aw16g.html Expected shipping: Sept 2002

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Expected Price: around £899 inc CDRW