Lance135 said:
There are so many ways to mic a kick.
That is so true.
Now, it really depends what you mean by "Great". What is great? Sharp and defined? or powerful and pumping? It really depends on the music you're recording.
My personal method is to use two MD401 Sennheiser mics, one inside the drum, and one micing the outter skin, of course both alighned and phase shifted apropriatley. I play around with the mix between the two and the EQ of each to give a nice overall sound. Generally i take a lot of mid from the outter one, and mainly boost on the inner one. The inner one gives the "thwack" sound of the beater hitting the inner skin. The outer one gives the bassy "boom" sound of the outter skin vibrating. Both are usually gently compressed as required, just to bring the overall level up and make the sound more sustained. Too much compression and it'll be booming for ages. I will limit the whole drum submix to 0dB, to be on the safe side when recording (just in case the drummer gets a bit over excited during a drum solo

)
I've got very good results with this, but hey, do whatever you think is right. Experiment!
Gateing is a bit of a double edged sword. When used properly, it can be very effective. For dance or rhythm based tracks, it can be great. But bear in mind that you do get bleed from the rest of the kit when micing any part of a drumkit, so turning off one mic is going to completley alter the sound of the rest of the kit (the mic picks up the whole kit and will apply EQ to it, and so changes the sound).
A snare with gated reverb can sound brilliant. Toto used to use this in a few of their tracks, it makes a very defined sound which sounds very measured and driving. But be careful with it!