I do occasional home projects and for that I'll put close mics on the toms and such. Under normal circumstances I play with overheads and a bass drum mic through a little mixer and I listen through headphones. it's super-helpful to know how to get a sound, how to balance your sounds, etc., and the little configuration REALLY helps one hear if you're hitting something too hard or whatever. The only time my kit will be fully mic'ed when NOT recording is, well, in the aftermath of a recording. I'll get lazy and leave everything set up until I have to pull the drums out for a gig or whatever.