What is missing?

[sYgMa]

Hey people, I started to make a lil recording studio, and I wanna know what I'm missing:
I got:

- An EuroRack UB802 (a mixer with 2 Mic preamps in and 6 balanced high-headroom line inputs)
- A PowerPlay PRO-XL HA4700 (a headphone amp... followed you advice Formant...)
- 2 Shure SM58 mics
- A Condenser Mic (dont remember the brand)
- EMU 0404 sound Card
- A turntable...
- Fl Studio and all the other programs I use

I know next will be some Monitors... what is missing...

 

[Formant024]

a mic pre, or that new focusrite liquid mix...and proper monitors

 

[sYgMa]

There is a mic pre in the mixer... should I have another one?

and I went to the focusrite website to see what it was... but I dont get it .... looks like a mic preamp with compression and EQ included, but I'm really not sure!
http://www.focusrite.com/products.asp?iRange=1

edit: scratch that... should have said I'm new at recording... frankly, just using compression on a mix is new to me... So I couldn't really make the difference between various compressors or EQ (specially if that thing costs like 800US$...lol) but it does look nice