Don't worry about compression or anything, whack a noise gate in the loop when your tracking just to cut down on the background noise, 1 SM57 about 1" away from the grill, aim the mic at the center of the cone then back it off to the side an inch or two so you don't get a lot of fizz.
Simple = gets the job done. Using more mics may sound better too you now but its just going to bring more issues/varibles up in the long run. Much easier if you hone your craft with 1 mic IMHO.
As far as amp settings, don't push the gain too high, keep some mids in there *replace the word mids with body*, not masses of treble or presence either.
The mic placement makes such a difference!
Thanks for the compliments also man, appreciate it :Smokin: