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PT TDM has many advantages for pro studios - compatibility, reliability+stability, guaranteed track count, superior audio editing (at least historically - I've not used logic's recent audio editing, but it's vastly superior to Logic 8 regarding multitrack audio editing), engineer-focussed approach.
Much of which is irrelevant to the average writer/beatmaker, or engineer who only tracks vocals and mixes. If you don't do full on tracking sessions or client attended mixing, you almost certainly don't need an HD rig unless you specifically prefer working in PT.
But there's no way I'd track a band, string section or any sort of multimike setup native unless it was unavoidable.
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