Huh, seems like a lot of complication to make for a worse recording, at least for what I want in a live recording. I try to get the annoying crowd on the sides of me completely out of my recordings.
(I'm not an expert on this, so I may be talking nonsense, but I'll give it a try:)
Yes, so do I... However, somewhere in the past I was unfortunately forced to record some shows with a single (cardioid) mic. Although I managed to get very decent recordings without much of the annoying crowd, the recordings sounded rather dull. Although I really hate people near me discussing the latest office gossips during a show (and they really have to shout to make themselves heard), the mono-recording made me appreciate the sense of spaciousness of a two-mic recording. At a typical rock show the sound coming out of the PA's left and right is usually about the same. There, the sense of spaciousness is provided by the reverb of the venue, and yes, by the people making noise (hopefully not too much relative to the music you want to record) around you. With a classic X/Y setup, the balance between the sound coming from the front and the sound left/right of you is fixed at recording time. When doing a mid/side recording, you can change this balance in post production.
I have no immediate intention to start doing M/S recording during shows that I matter much about, but I am a bit intrigued by this recording technique and would like to experiment with it without directly spending much on the equipment. A figure-8 mic as side-mic is what would be needed to do this properly, but I don't have one laying around. However, putting two cardioid mics back-to-back construct a more or less similar signal.
Yeah, it might be interesting to try, but if you really are wanting to recreate the ambiance of the room, wouldn't it be easier just to use two binaural mics?
I agree that mono recordings generally sound a bit dull, and I like there to be some significant difference in the two channels.
I'm a fan of the sound of the Core Sound cardioids and have used them for years. But I don't generally point them both straight forward. I'm typically pretty close to the front of the room, not dead center, but a bit to one side or the other, roughly equidistant of between the band and the PA on that side. Then I try to point one mic at the band and the other at the PA.
That way I get a somewhat different mix in each channel, with the main difference being that more vocals are in the channel with the mic pointing at the PA. Sometimes there is a significant volume difference between the two channels, but that's really easy to balance in any music editing software.
I know my method isn't common, as I've never heard of anyone else doing this, but my recordings generally turn out great (to my ears anyway), and I've received lots of compliments on my recordings over the years.
If you're interested in hearing any of them, there are a few on archive.org, some on TTD, and lots on DIME. All made with CSC or other small cardioid mics. If you need help to find any, just send me a message.