Perhaps I should have titled this thread Acoustic or
Electronic, instead.
mike schwartz wrote:... I have no preference, as I take each project on it's own merit and simply decide whether I like it or not.
As do I, but lean more favorably toward acoustic instruments, overall.
On the other hand, I can't imagine enjoying Joe Zawinul any more than I already do, from his journey from Fender Rhodes to synthesizers and beyond. Or, Jaco playing an acoustic bass.
I'm a drummer/percussionist, but mostly a set drummer. I had
never miked my drum set until 2003. For the 1st time in nearly 50 years, I was playing with a group where sound reinforcement for my drums was necessary. I was working with a quartet with a singer up front, and the instruments, guitar, bass and keyboards were all electronic. We were playing wide-ranging material from Cannonball and Miles to Bonnie Raitt, Albert King, The Beatles & Gary Moore. If my 1958 Slingerland drums & A. Zildjian cymbals were gonna get some "help", I wanted the best mics I could afford. I became a bit of a mic junky as a result.
Here's a photo of my kit taken at the guitarist's home studio/rehearsal space, my late pal Rob's place. There's a dedicated bass mic (AKG D112), a Shure SM57 (snare & hi-hat), and a pair of sweet little overhead condenser mics for the toms & cymbals, which worked flawlessly for the purpose. I had a separate vocal mic, an Electro-Voice N/D767.

We own a Rhodes 73 Stage Piano and love it for what it is ... arguably the most distinguished and distinguishable electric piano ever made. I can't image Bill Evans, Thelonious Monk or countless others
not creating on an acoustic piano, however. As peterdubya suggested, context is important, sometimes crucially important to this discussion.
I'm rambling, but I'm still hopeful that this thread will serve some positive purpose and not become mired down in semantics, or worse, a pissing contest.
~Peppercorn