[Lagerfeldt]

In a perfect audio world that's the best and easiest option, but unfortunately you would likely get clicks or pops with that method on a source such as a whole mix, no matter what DAW you're using.

Some plug-ins such as Flux and Sonalksis have an internal bypass function (not the DAW plug-in interface bypass button). Using that instead can sometimes eliminate the potential clicks.

If you're using an internal bypass button make sure the plug-in is actually bit-transparent in that mode, i.e. be paranoid.

Regards,

Holger :-)