Recording with FX or not? That is the question!

[Glenn Mitchell]

Dry mostly but often with a touch of limiter to prevent those awful clips from ruining a good track.
But I do all my editing in Sonar now (cuz it's easier), so I can add all the fx later.

[Speed Demon]

Yes, pristine clean tracks for me. Now I can adjust all effects used, to the ninth degree. A track that comes with an effect already in it may not be what fits well with the rest of the tracks. Baked in, no way to change it. Unless you have the original clean track in your backup file folder. You did backup all your working files, no? 

[Farrell Jackson]

In general, I record my tracks dry and add the effects later during the mix down. That  way I'm not stuck with an effect I can't remove or change if needed. However I will add some OD and slight reverb to my electric guitar tracks (amp or modeler) on the way in but sparingly on the reverb. Delays come later if needed. I also track with some amount of compression on all vocals and instruments, with the exception of mic'ed acoustic guitars. I've found that using compression on a mic'ed acoustic seems to elevate some unwanted finger/string squeaks and reduces the dynamics some. I do use compression in moderation because early on I've ruined plenty of tracks by over doing it. Like others have mentioned I try to get the EQ sound I'm after on the way in and then use the desk EQ to either take away or add for fine tuning.

I think whether you record tracks dry or wet is a personal choice. It can work either way if you are confident in your process.

Farrell