I only used it because I was stuck doing emergency last-minute recording without a studio. If I'd had my druthers, it would have been done with proper microphones, but that just wasn't available to me at the time.

I feel for you. I did a project for our worship pastor at church which went something like "hey, can you drop by Saturday and play this part for us?" I said "sure" and showed up ready to go. They direct lined my guitar dry (wouldn't even run it through my POD) and did one take, which they never went back to listen to it- they were on to tight of a budget. *Shudder*. We don't always get the best of environments to work in do we?

For my own project in which I have the time to do things properly, I will absolutly not direct line my accoustic. I was considering using a certain studio here locally for some cuts (because I've been traveling to Houston to do all my recording at my best friend's house), but ended up not using it because the sound engineer was insistant on lining the guitar. I don't care how close a lined guitar can sound to the real thing, nothing beats micing.