It's OK to run guitars through the monitors, I have Behringer V-amp Pro (the rack version) hooked up to the active monitors via a small mixer in stereo mode, while other V-amp outs go straight into M-Audio 410 FW card. DAW goes out from the M-Audio into the mixer and to the monitors.

This way I have exactly same sound sent to monitors and to DAW and have a lag-free monitoring. I don't have to monitor guitar recoding through DAW.

In short, DO get rid off any old-school guitar amplification and miking and use V-amp or Line6 Pod Pro for recording.
The recording will sound better and mixing will be easier.

FIY, Ayeron's albums are recorded with a Pod Pro, and you wouldn't know the difference.

Funny thing, I'm actually using SM450s AS my guitar amp from a PodXTLive. LOL. Those things are GOLD.

"In short, DO get rid off any old-school guitar amplification and miking and use V-amp or Line6 Pod Pro for recording."

Nooooooooo, statements like this are bad for the recording community! (No offence to the original poster). Always use what is best for the situation. If it sounds best through an amp simulator then do it, but it's not always the best solution. Miking up a real amp may be the perfect sound in one situation, amp simulation may be better in another. Experiment with your sounds and never let anyone tell you what is right or wrong.

We might never have had close miked drums if those talented people at Abbey Road had stuck to the so called rules... If they hadn't experimented and broken the studio 'law' by putting those delicate mics right next to the kit who knows when close miking would have emerged!

If you can afford all the classic amps and instruments, by all means… and more power to ya!

i suggest and must add the fun is most important using audio recording.
its logical.