Just to reel you guys in...back to reality...
I'm curious how you handle "dead space" in tracks with the "rubber band" approach?
IOW...during tracking of say, lead guitar...there will be lots of dead space between licks or between lead guitar sections, and some of that dead space may be contributing unnecessary noise to the total mix.
Do you slice those sections out and delete them or do you leave them and then use the rubber bands to pull down the level of those sections so they are not audible in the mix?
In my level adjustment approach above...I've usually sliced and deleted out those "dead space" sections. It's often one of the first steps in my edit process, to clean up the tracks of useless information, so the only pieces/sections that I'm adjusting levels for are the ones that need it, and that's the reason I think my way is less "cluttered" [to me]...
...but it's all in how you look at it.
That's the nice thing about DAWs...everyone can pick the tools they like, as there is always more than one way to do something. My DAW (Samplitude) has tools I've never found a purpose for. I mean, yeah, they serve a purpose, but I'm doing that same thing some other way, using some other tool.
Yeah...the best thing about digital audio and DAWs are the editing capabilities...IMO!