| Hi.
Not a poor question at all IMO. While it can be done in a way You described, I still feel that by recording all the instruments simultaneously, including the drums, gives the tightest result timingwise. You'll probably have to re-record the cymbals anyway.
Also the bleed gives a realistic image of the space, if the mics and amps are placed correctly.
If the computer You're using handles 8 track recording at once without hiccups, I believe that the disk space isn't a problem either. Just record the tracks as many times as needed, until the result is satisfactory.
Just my 0.02€
Sam |