BT, that should serve you well. You can easily tell everything that's being played, so any clams will pop right out.
Back when I first got my Yamaha AW16G, I set things up at practice to capture the drums, one guitar, bass and the keyboard. I didn't get vocals or my guitar. My idea was to have a good backing track so I could practice songs on my own. I never got around to doing that but years later with the extra available tracks, I added a couple of guitar parts and vocals. I thought it turned out much better than expected. I sent copies to the guys that I was still in contact with. I think the one guitar player passed, and I have no clue where the keyboard player is. I managed to get about 5 or 6 tracks all together.
This is one of the tracks that I put together with the added parts:
