Would just like to post a bump for this topic.
Around a year on and me and Nick have now released a full album, all using Reason 6 with Balance.
This was so so fun to make, and has been a huge learning curve.
There is a lot to improve on but it has been such an extensive program to use, the possibilities are literally endless, and I am so excited to continue writing music with Reason.
If anyone would like to check it out (can listen for free) I would be grateful, and it may give you an idea on how a few beginners can do a lot with a home studio (laptop, mic, guitars, reason)