I'm involved in a recording project and we're going to go with both, multi track recording using headphones, and then DAW / software for the final mix and mastering of all the individual tracks recorded on the multi track. Why?
Because the multi track can go to where we want to play and record. My desktop DAW setup can't. Well it could, but just breaking it down and hauling it and setting it all back up just isn't worth the trouble when we can use a multi track machine, record digitally, then I can take it home to my computer room and via software put it all together with no distractions as well as do any final tweeks to it I might need. Besides, who wants to drag around dual 32" display monitors, a full size desktop case, cables, and all the gear that goes with it? Not me.
Also doing it this way also takes computer crashes and freezes out of the recording equation. Never know when Windows might decide to bite ya in the butt.
Right now I'm currently down to these five models
TASCAM DP-24SD 24-track Digital Portastudio - $499
TASCAM DP-32SD 32-track Digital Portastudio - $599
Zoom LiveTrak L-12 12-channel Digital Mixer / Recorder - $599
Zoom R24 24-track Recorder / Interface / Controller with Loop Sampler - $499
Zoom R16 16-track SD Recorder / Interface / Controller - $399
After talking with someone here on TB and getting to listen to some of their work using the Zoom L12 for not only their recording, but final mastering as well, no DAW work whatsoever, plus the 5 programmable headphone outputs that board has, I'm really leaning towards it.
The TASCAM gear has a reputation of a steep learning curve but I can't really say, just what I have heard among people using them. The Zoom L12 from what I have heard is pretty straight forward, and non computer types such as the person who shared their recordings with me, are not having any problems picking up on how to work the thing.
Now I'am a computer geek, every graphics / video / audio workstation I have owned for the last 25 years all the way back to DOS and Win 3.1 days, I've built myself. I don't buy computers, I buy the parts and put them together. Still doesn't mean I want to use the computer for everything I do. And recording is something I would really like to do separate from and then finish off on the computer. And today's multi track recorders are a great way to do that.