From what I've experienced, it's a little more lifeless than the real thing. The main reason is because as long as you're hitting the amp in an analog fashion, (even through pedals) you're really creating a dynamic interplay between the two. Once you record it, and send it to the amp as audio signal, it has no "giveback" meaning the guitar isn't able to respond to the amp. But if you record outside the room of the amp anyway, it's kind of the same thing. It's basically taking away the amp's ability to drive the guitar wood, and the pickups, etc. I suppose if you record the original track dry, but split the signal so it's still blasting out an amp, you would be simulating the same thing, even though you swapped amps later. It's all about whether or not you think of the
electric guitar as an acoustic instrument or not, and whether your style of play is one that "feeds off of the amp" while playing.
So it's less "organic" but to what degree is debatable, and it's probably not anything the listener would pick up on, just the guitarist himself. But it's a lot of fun, so that probably outweighs any loss of "soulfullness"
