i avoid condenser mics on loud distorted guitar rigs. often times you get a crackling type sound off the cap and it just ruins the tone.
i'll use my earthworks 10 feet off an amp for some big room type sounds....but that is a rare application
JP, i think you are wrong about the 57, you are really used to what that mic does for guitars, and how it interacts with a speaker......you are assuming that other people have that working knowledge of that particular mic. i'd rather use a 57 as a door stop then put it on any instrument in the entire recording.
i think the key is to find a mic that works for you, and use it many times for guitars.....learn the mic and how it interacts with speakers, gain.....all that.
JP brought up something that should not be overlooked
you have to make sure your guitar tone will work well with te drums and bass you've cut.
what i often do is get my drum sounds going. i even set up the monitor path.....
i.e. whatever is being sent to tape is right....then i'll start patching some compression, gates if needed, EQ, verb on the tape out, console in side of things
i'll take notes, decide if i should print what is happening in the monitor path or not.....i have the drummer approve the sounds
then i move on to the bass player....i do the same exact thing. mic the amp, run a DI....
then those two go in a play together, i make some changes to get the tones working well
mainly i'm listening for the bottom of the kick to work with the bottom of the bass, and the attack of the bass to work with the snare drum
then we do guitars and it starts all over
but instead of tweaking bass and drums, i will start tweaking guitar tones to match what i've already got going on.
if the tone is awful, i'll change the drums and bass.
getting a good full raw tone is important, but having it work well with the other tracks.....that is crucial.