Thanks for the detailed reply, I see a few area's of concern.
1. The sm57 and senn md421 are great mics. However they like to run "hot", meaning 60Db of pre-amp gain or more. This warms up the mic but exaggerates the proximity effect so be careful of placement towards bass heavy pickup locations.
2. I have a love hate relationship with V30's and Rectos. They sound great in a room but as James Lugo says it took him awhile to learn how record the combination properly. Lots of hiss,buzz,fizz,boom, etc can creep into the mix very easily.
3. Each recto I have owned like slightly different settings, but I find the orange channel is where the beef is., If i need more gain a clean boost or preamp drive can hit the amp harder. The red channel always sounded thin to me but great to mix both in double tracking. I always run the master pretty high to keep me honest with the gain settings. EQ tone stacks are in series. Meaning how you move the bass knob effects the mids and so on. They all work together. Think of it like a parametric eq on your DAW.
Preamp
Gain, This is your V1 preamp tube gain.
Bass 100hz +/- 10db with a pretty sharp center Q
Mids 1k center 20db of range that dips from 500hz-2 or 3Khz
Treb 5k center with 30db or gain
Poweramp
Channel Volume, This is your second and 3rd gain stages.They run higher voltages and sound better so I bumb this up!
Master volume I normally set around 50-60%.
Presence 6-8khz center with various Q values and gain sweeps.
Recording Tips:
1.A neat trick is to take your effects loop send as a DI track. Caution it will sound like shit and I don't recommend it for the mix.However, you can really get a intuitive feel for how your preamp reacts to your playing and settings.
2. Speaker cabs love Airspace. Mic it on the back porch if you can. The smaller the room the smaller it will sound is the rule of thumb. It takes 30ft for some wavelengths to complete a cycle. The speaker cab in a small room will try to compress the air inside the room. This positive pressure pushes back on the speakers causing what I call bedroom tone.
Its small, boxy, thin, you name it. You want big and loud there is no other way to get there. Turn it up.
3. I always have the guitar player in the same room as the amp and cab while tracking. Keeps everybody honest. Think of a guitar track as building a house. From the foundation to the roof. Think of tracks as snap shots of locations around the house. Take pictures of everything untill you complete a image of the completed house. A microphone is just a stupid diaphragm (same thing as a speaker but in reverse). It doesn't react like the human ear does. Plus it can only listen to a few things at a time unlike our ears are trained to listed to many things at once. Listen to an orchestra and count the various instruments to train your ears.
Sorry for the long response. I could go on for ages on this stuff.
Luke