I managed to track down the concept that Craig is referring to. It is more about starting with a mono recording, copying it to two further tracks and using the three tracks to create a stereo image. I assume this is the approach here:
http://www.guitarplayer.com/article/stop-stereo-miking-acoustic-guitars/147557 Craig's approach still starts with a
decent mono recording so not much has changed from what the OP is still trying to achieve. It is merely processing a single mono recording in three different ways and panning the results accordingly.
(Note: Assuming this is the approach that lawajava keeps referring to, Craig does not explain how to get the decent mono recording in the first place, it assumes you have already done that) However a nice (natural) stereo recording can also sound excellent and does not require the approach that Craig is suggesting either. I don't agree that stereo mics require a lot more work to set up and that there is twice as much pre amp noise. Setting up an extra mic is not much work and any modern clean pre amp is not really going to introduce noticeable amounts of noise. We are dealing with pretty quiet preamps these days. Two channels of low noise pre amps is not a big deal either and their combined noise will also not be audible.
Phasing can be eliminated by doing either XY coincident micing or an M/S setup as well. Both will yield a very nice sound without phase issues. The further away the two mics are that are being used in any stereo situation the more likely you might be open to phase problems. The two micing approaches I have mentioned put the mic diaphragms in the same spot so phasing should not really be an issue at all. Never has been for me.
But even before getting into stereo micing or applying Craig's approach one must start by learning to make a fine mono recording first. And that can be done by simply following the suggestions I have made in post #2.
(and other good posts too) And if you are careful you will end up with a very nice sounding track that will need little or no processing.
Take that further by all means, apply either the method that Craig is suggesting or make an actual stereo recording. Neither of these approaches is better than the other but simply different. There will always be situations where one approach to creating that final stereo image will work better than the other. Craig's approach does work well though if you do have a great mono acoustic guitar recording
(already) and you want to give it some stereo spread. It does not have to be or sound electronic in nature.
Tip: You don't have to copy a mono guitar track to two other tracks. This will take up track real estate and occupy three mixer channels.
(you could put them into a folder track) Another approach is to send the single guitar track to three stereo busses and apply the filtering there on the busses. Use the send panning to position them and balance them using the buss return levels. Also make the three guitar busses invisible
(as you can in Studio One) so you don't even see them. No wasted real estate anywhere but you have now created the effect. Overall guitar level can still be set back at track level
(assuming post fader sends of course)