Josie, most tracks (real tracks) are fine in mono ie guitar, bass etc. but the Drum and Piano tracks are recorded in stereo, so they have a nice 'spread' to them already. It's a shame to lose the right track of a stereo drum / piano track.

And I record my live lap steel tracks in stereo using a POD XT into Real Band. Again, the spread is nice. It's most annoying to lose these live tracks. I have to reperform them (arrgghhh)