You would usually be completely right Chris, however, I am using Eleven Free, which is a guitar Amp simulator, and not a particularly great one either LOL.
I'm running the cabs distorted, to achieve a stereo electric guitar sound from a mono signal LOL, which actually worked pretty well, but it did mean that I had 4 instances of Eleven going.
Just for the archives sake, I got round it in two ways:
1. Using Slau's suggestion, I did the following:
Made all non essential tracks inactive and hid them (just so I could see which ones weren't being used).
I already had my recorded guitar signal dry on one channel, so I routed it to bus 9 and 10.
I created two AUX channels, both Mono (Eleven doesn't show up in stereo), one with bus 9 as the input, and the other with bus 10. Got the amp settings, and eq how I wanted, then set the track's outputs to bus 23, and 24 respectively.
Finally, A last stereo audio channel, with it's input set to Bus 23-24 was used, which when armed took the audio from the mess documented above, and recorded the guitar signal to a stereo track.
Now I just have compression, and a second level of eq on it, and it actually doesn't sound too bad.
Anyways, thanks for the suggestions all,
Have fun,