OK, I'm an "old fart" when it comes to live recordings, and even though I don't do it much anymore, I still use dat. While not professional multitrack recordings, they sound fantastic. My setup, a Sony PCM1 dat recorder (Tascam DAP1s are great too), decent $500 Sony stereo mic, an older highly regarded Zefiro ZA2 "digital!" soundcard , Oade patch/transfer cable and it's digital all the way through the process. Kind of like tube amps...if it ain't broke
. Granted, if I were building a system today, it'd be multi-channel, matrix mixed to a hard drive, but good 2 channel digital recordings and transfers still sound fantastic to most folks and are a great way to capture "as it was live" recordings, without getting too deep into mic'ing techniques, mixing, etc. It's certainly "old school", but we're not all gone yet...