I am planning on getting an audio mixer, but I need to be able to put 8 different microphones into the mixer at the same time. I have found mixers that have 8 XLR inputs for microphones, but they are quite expensive. I have seen rather cheap audio mixers on the internet which have only a couple of XLR inputs, but they have quite a few Guitar line inputs. Would it be possible to use an XLR-1/4" adapter to run the microphones into the mixer, and would the audio from the microphone be transmitted as stereo or mono? I am relatively new to audio recording, and if I can not do this, then I will have to wait until I have a bit more money saved up.