If you're using the product for rough demos for the band to hear, that's fine. I would do the same with my band if I were using the software for that. However, I use it for polished demos. Also fine, and also doable with varying amounts of editing. You can do as much or as little as you need, and use the product in many different ways depending on your needs. The mark of great software is that it DOES accomodate many different user scenarios and needs.

Dan