Since this is a discussion about mixing, I'll go through what I do when mixing.
When all recordings are done, all voice tracks are tuned and good, first of all, I clean up the tracks.
I turn all the faders down, then I make sure I have kick, snare, ride/hihat and the rest of the drums on four seperate tracks.
Then I hit the mono button. I start all mixes in mono.
I start with the kick - I turn it up to around 0db, and eq it so it sounds good. I follow up with the bass guitar, and listen through it all to make sure the bass guitar and kick follow nicely. I might do some editing or even re-recording at this point. Then fade up the snare - eq it and maybe add some reverb. So I turn up the hihat and cyms a bit low (I sometimes tweak them more in the end, but usually they take care of themselves since they're in their own frequency range - sort of) and the rest of the drums.
Then I follow up with the voice. I make sure the voice is nicely above the drums and bass, and that it has it's seperate freq. range. I usually compress the voice 2:1 on recording and then 2:1 in the mix.
Then I turn up the other instruments, one by one, and make sure they don't collide with each other eq wise, - most importantly; not colliding with the voice.
Finally, I hit the mono button, and play with the stereo perspective - this is when everything really works or falls apart. If it's a bad mix, it's often better to make a note of what doesn't work, and start again from that point. An bad decision often snowballs other bad decisions later on.
Then I master it down and run it through Waves L3 (if you haven't got it, get it) and take the mix around to listen on different equipment. I now know my speakers so well, I usually don't need to tweak much - but always some.