razor
Thanks all. I saw a YouTube video on how to set it up and it wasn't real clear, but it looked like (maybe) a separate fx like reverb was being fed into the side chain of Channel Tool.
If that's not right, I guess the only way to add reverb in this setting is a reverb plug that has M/S functionality. Is that right?
I don't think so. If you are really doing mid-side recording, you have to run that through the MS matrix before using any other effects, I believe. If you tamper with either of the channels before matrixing, I don't think you will get a proper stereo signal out of the matrix.
There are times that the side channel by itself might be useful. If you are just looking to add some ambiance to the sound, you might do the normal M-S matrixing to create the stereo channel, but also clone the side channel and process that to add ambiance.