Here is my scenario:
- we have 3 microphones that need gate, EQ and compression. Presonus offers this already with internal DSP so it would free the laptop's CPU from these tasks, which usually are set and forget.
- guitar would go direct in, using the VST Guitar Rig or similar
- bass would go direct in, using VST Ampeg SVX or similar
- keys would be played with a master MIDI keyboard using VST instruments
- drums would be played with a MIDI file using VST EZ Drummer os similar, or simply by a pre-recorded audio track to free CPU.
Now, by doing this inside a DAW you could play a song, that would automate volumes, effects settings like delays and reverb, patch changes in Guitar Rig and keyboards's VST and run a light show over a USB DMX controller, that has a VST plugin for it. And sure, all of us can have independent headphone mixes, again all automated. And all this synchronised to a playing song!
So all you would need is a small PA, a laptop, a 2H rack with the audio interface and a headphone preamp. It would then sound, feel and look like we have the whole crew of stage technicians to do it. No more chunky heavy gear, how nice would that be?