We are playing with this scenario too...
I record all of our rehearsals. So now I am using the best rehearsal recordings of particular songs as scratch tracks for all of us to track our own part over.
This works really well because we all have these recordings and some of us have our own home recording setups - so some of us can track our own parts at will.
Also - since I don't have to contend with bleed issues, I can get away with much fewer mics on the drums.
I used a large diaphragm mic out in front of the kick about 3' and up level with the top of the kick - 1 condenser mic about 6' over the drummer's head looking at the hi-hat and snare - and 2 condensor's out in the room about 6' in front of and to either side of the kit.
Ted's kit sounds really good and natural - punchy too.
It has it's pros and cons.
Pros
- No bleed issues
- Only need on member at a time present, so scheduling is a breeze
- Drummer is "technically" playing with the band - since we are using real, live band recordings - so the feel is pretty good overall
Cons - Well, con...
Because we are all using the recording, there is a "feel deficit" that occurs. When everyone plays together and can see each other, the feeling is much more tight - so even though we are playing along with the recording, there is a noticible "feel drop" in the individual parts.
But I don't mind post-production monkeying so I am confident I can tweak the subtle "feel issues" into shape.
Also, the reason we are recording is to "pretend" like we are in the studio and get a feel for what we would like to do tracking-wise, production-wise, etc... So the product we are shooting for is not necessarily a "finished product" - more like a really, really good rough draft.