Maybe I'm misunderstanding the question, but wasn't Loser recorded in someone's living room?
dust brothers, recorded for bong load.
the issue isn't "name one hit". it can be done, has been done. hits are less about cost and circumstances of the recording and more about the juice given once the record is made. while obviously a disproportionate number of hits come from the "system", that path is more than ever littered with failure. it's frightening how often "costly" records never even hit the street.
meanwhile just a ton of careers have been launched and will resonate just fine now that distribution is within the grasp of acts. this has nothing to do with hits, but rather connecting with the most responsive audience, and many acts have managed to make it work within low five figure budgets.
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Fuck if I know, fuck if I care and then, the nugget of intellectual shorthand, fuck the world!