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Plugins vs. Hardware

In this day and age, is it better to invest in DAW plugins or in rack gear? I was browsing the Sonnox site and they are so expensive. My problem is that I know that the plugins will eventually become obsolete, require upgrading etc. Is it a better long term investment to get external gear? Is it better value to get software?

[Cubase 5/Plugins] Acoustic Recording Question [To Mic Or Not To Mic]

Hey everyone quick question. If using Cubase 5 what plugins do you normally use to record acoustic guitar (This is my first time with acoustic). Also, would you suggest running the guitar straight from a mixing board to an audio interface, or Micing it? If you suggest Micing where do you normally place your condensers?

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