Another option to consider with this is (if tracking) is a program with noise reduction by noise print capability. If a second or two of "silence" is captured at the ends of each take, it makes for simple destructive edits. There was a thread posted last week mentioning
Adobe Audition 3 (there is also a link to the 3.0.1 patch lower in that thread). That has this capability, and can also be added to the Utilities menu for quicker editing if desired.
Unfortunately, for performance, this route won't cut it.
I took my amp to max power settings for the first time in a long time last weekend and ended up just doing the above (but was just tracking with it). My amp actually recommends not doing this, since it has some excessive signal boosting built in and compounds any noise issues (even minor ones).