I'd like to hear what Melodyne is capable of. If someone could post a before/after it would be real interesting.
I have used Melodyne for very specific types of things for years but do not have latest versions with 'DNA' (direct note access)
how well it might work on something as deeply entangled as the OP's jam session as single track I have no idea
here's a Celemony marketing blurb, their forums should be able to point you to some samples
and
here's a supposedly unsolicited, unsponsored testimonial
referencing the OP's question even with
Melodyne DNA it would not be as simple as saying 'split strat rhythm guitar' and going out for a cup of coffee while the computer clicked away . . . still, in my guess, a very labor intensive project (susceptible to all sorts of artifacts) results dependent in a great way on editor's (human not software) ability to recognize elements (voices, notes) you wanted to edit
which is more or less how melodyne worked previously only it pretty much stalled on polyphonic material
so not a reinvention of fire or the original Fender Broadcaster but might be a useful editing tool for those unable or unwilling to re-track
and back to OP, the question was 'why' . . . someone die and you're trying to sonically clean up his/her last performance? other then that lightening is striking somewhere every couple of sec.