So there's a million ways of applying effects... Some people run their FX directly on a track, some people bus tracks to an AUX channel with effects such as time based processing, some bounce FX down...
I'm working on a Dobro guitar track for a simple song based off a I-IV-V progression, the song is literally comprised of only those chords and minor variations. I have a main guitar track panned dead center with two more guitar tracks panned left and right adding flavor to the main track. The three tracks are routed through three AUX channels, Reverb, Chorus and Delay.
I set up two mono Audio tracks and recorded the output of all three FX channels (L to the first Audio track and R to the second) once I set up the sound the way I wanted it. This is mostly for transportability between DAWs, but I see other benefits to working this way as opposed to simply bouncing the entire project to an MP3.
My question is, and this is almost purely work flow, but do you guys have any tips when mixing the L-R FX back into my final mix down? I can already see that if the FX tracks end up mushing together instead of occupying their own dynamic space, I may have to re-route each separate FX channel to my mono L-R track setup, turning my 2 FX Audio track bounce down into 6, but that's not a huge deal.