Any reason to not use "External Instrument" plugin with instruments?
As a beginner, I had thought that electronic hardware instruments did not put out MIDI data, that all you would capture in Logic, or any DAW, would be the audio (the waveform), in contrast to software instruments where your notes are wonderfully transcribed to Score/Piano Roll, you can edit the notes/velocity/rhythm afterward, quantize, etc.
Only just now did I discover by chance the "External Instrument" plugin. I was using it to control a hardware synthesizer with a larger keyboard controller. Then I noticed that by loading this plugin it allows you to treat hardware instruments (at least the ones that put out MIDI data through USB, I assume) just like a software instruments, gaining all the massive workflow benefits you'd normally get from a VST.
1) So I'm wondering for what reasons would you not record a hardware instrument (that outputs MIDI through USB) on a Software Instrument track with the "External Instrument" plugin loaded, instead of an Audio track? I assume there are some disadvantages I'm not aware of.
2) I think I just noticed a disadvantage. It seems only MIDI data is recorded, no waveform. The instrument recorded with "External Instrument" plugin in use has to be connected for there to be sound. Can I have both MIDI data and audio?
Are there any other things I should know about usage of this "External Instrument" plugin?
Thanks for any insight.
MacBook Pro (Retina, 13-inch,Early 2015), OS X Yosemite (10.10.3)