There are ways to make true stereo tracks work really well...but it's bigger balancing act than mono tracks...though if you get it just right with stereo tracks, it can give the mix a lot more dimension.
I've done a couple tunes that used them...one with stereo miking on almost all of the recorded tracks...but I've been doing mono since, because mono tracks are not as demanding right for the git go...you can just wait until the mix to decide on placement, but with lots of stereo miked tracks, you have to be thinking placement as you record them, in advance of the mix.
I became interested in it from reading some articles/interviews with Bruce Swedien, who used stereo miking on a lot of his tracks for Micheal Jackson sessions. I couldn't quite understand what he was getting at, as the details were minimal, but once I understood his approach, I was eager to try it...and it really worked out well.