Hi.
Welcome to TalkBass Rick.
An interesting question.
The multi track layering vs. one/two track single take debate has been around since the advent of multi track recording
AFAIK.
IIRC Les Paul was accused of commiting a fraud when he made his early multi track overdubs/layerings.
Personally I still think that the music comes first. The method or technique of capturing it into a distributable form is just that, a means to make it immortal so to speak.
IMLE a single-take don't guarantee magic no more than overdubs would guarantee a failure. Even though examples of both do exist in vast numbers

.
One thing that dictates
a lot is the standards people are used to. Tighter stereo images, lower noise floor, greater dynamics etc. A single-take material may sound inferior against that, and is therefore more difficult to sell.
Regards
Sam