look ..... originally the point of stereo was to try and capture 'spaces' and locational differences of the different instruments. The idea was to get something similar to the way your ears work and thus, give you something approximating what you'd hear if you were actually sitting there.
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But there's a lot of exceptions ..... I don't see the point of going stereo with electric gits ..... sax ...... hell, even singing .......... . unless you have a good sounding room ( you might, I don't ) then I find recording things in mono and adding the space later electronically gives me a better result.
I don't disagree with the first part, and I don't even really disagree overall with the second part, other than to say the point of sometimes recording with a stereo setup IS so that you get a more realistic sound (what you said in the first part)....as in how a guitar or voice or sax would sound if you were standing there and hearing it with your two ears.

It's not always necessary to have a world class room in order to get a decent stereo recording....I think as long as it's not a horrid sounding room, and it has basic treatment and no extreme anomalies, you can pull it off, and of course, source and mic placement need to be balanced accordingly, and yeah, it takes a bit more trial & error than it would when just slapping a single mic up against a cab and hitting REC.
This isn't about promoting stereo recording for all tracks, or anything like that....it's about the possibility of choosing which mic approach will work best for a given situation, and that there is nothing wrong with using a stereo mic technique.....on anything.
The stereo "effect" will of course vary from what you get with a single voice VS a choir or a drum kit...etc...but the stereo mic techniques is valid for anything, and anything CAN be recorded in stereo, or mono.
I'll sometimes record my upright piano with a single mic....sometimes with a stereo mic array (I use a spaced pair below, at the open sound board, and one above in the middle with the front cover off the piano) all depends on the sound I'm after and how I want it to sit in the mix.
IOW....there is nothing that dictates which is best other than your production goals. So while I still do track the majority of guitars and other things with a single/mono mic approach, there certainly IS a point to sometimes using a stereo mic setup IF the stereo "effect" will translate well enough in your production.
As I mentioned...for me, this interest in stereo recording a bunch of individual elements came from reading about what Bruce Swedien was doing. I was curious how he managed with so many "stereo tracks" later on in the mix....???
Initially I thought I would end up with a bunch of bigger-than-life, wide-spaced stereo tracks, and the mix would be all over the place.....but surprisingly enough, it didn't go like that. While there is some pre-production thought about it, because you can actually "pre-pan" elements during stereo mic tracking (if you so desire), of course, during the mix, you always have the option of narrowing the image, and re-panning or going mono with those stereo tracks.
I'll cut up some clips tonight of the stereo lead guitar, and show that stereo tracking can be another way of adding something different to a production.