I love this portion from Gamasutra's interview with No More Heroes audio designer Masafumi Takada:
How large is the audio team size?
MT: Right now there are four people.
And do you have a sound studio here? Like a foley room and stuff?
MT: No. I do everything at my desk. Even if you don't go all the way to a studio, if you have a microphone and a tape recorder you can recreate sound effects anywhere, like this [Takada demonstrates at his desk].
So here, in this office?
MT: Here, after everyone leaves and goes home.
No More Heroes had great sound design, although a lot of it was either synthesized or in the music. But it's both amusing and oddly heartening to imagine the head sound guy recording foley effects at his desk in an empty office.