maximumpower i'm a firm believer in capturing the sound the way it is coming off the speaker, and the way it sounds in the room.
in other words, a bit of a 'purist' stance on electric guitar capture.
i will tame sharpness or low end with cuts if they need it....
typically, a rolloff around 75hz and cuts from 2k to 4k....
now, in terms of placement in the mix (which also includes time effects).....
i often times print my effects directly off my guitar rig, because that's they way i want them to sound.
but at least half the time, i'm recording the guitars bone dry.
i will add short slap for 'room' effect, or long delays for spacy effect, or plate reverb if i want depth.
but that's it.
usually what you hear of my guitar tracks, is more or less the way it sounded in front of the cab.