How does the recording environment sound?
How well balanced is the drummers playing?
How does the kit itself sound?
If those aren't bad, there's no reason why you can't just use overheads and put some effort into the positioning.
Making sure that each mic is the same distance from kick and snare as the other goes a hell of a long way.
Use some string or something to get it perfect. It really can be worth it.
If there are problems with the above, you could certainly go the other way. Use a few channels of the mixer and sum to stereo output.
If that is the case though, I'd recommend keeping it simple. Maybe really really well placed over heads plus a kick mic and snare mic?
Focus on getting a great sound at the time (obviously) if you go this route.
It's up to you, but personally i think putting out tom mics and hi hat mics and stuff can just get messy if your recording to stereo.
Of course, that totally depends on the type of music you're doing though. Perhaps these things are needed?!
Another option if you don't mind a mono final mix is to use one 'overhead' and one kick mic.
I've never done that though.
No matter what you do, I'd really recommend recording 20 seconds, listening, adjusting the setup then repeating.
Some time spent on the tracking first time round can save you having to do the whole thing again if it doesn't work out.