PeterMoretti wrote:what is the practical difference between doing a stereo to mono downmix on the clip vs using adding two mono tracks or one stereo track with its Spread set to PNT?
Center panned dual mono produces an amplitude increase in the resulting signal, which obviously will require manual attenuation.
A stereo source audio clip, with Spread set to PNT will also produce an amplitude increase in the resulting signal (and depending on pan law, there may be less of an amplitude increase than via the centre panned dual mono approach).
A compliant stereo downmix to mono will produce an output signal with an identical amplitude as the source as it usually will automatically include an attenuation of 6dB for each channel.
Aren't they all going to sound the same?
With the correct attenuation applied, the resulting signal should be audibly identical, bar the change in balance.
Now I do realize that moving the audio to one additional stereo or two additional mono tracks might necessitate adding effects and volume changes again to those tracks, which can be a PITA. But is that it, or am I missing something else?
There are, of course, creative as well as workflow reasons for preferring a down-mix to a dual mono render of the source stereo clip.
The ease of manipulation with a mono down-mix, as you have mentioned, is one valid reason.
It is source dependent if I choose Left Only, Right Only, Down-Mix, or reducing the "stereo spread".
Edit: Of course it's a little more complicated when the source is a 24 channel interleaved file that needs to be repurposed as a mono sound effect.

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(edit: correcting my spelling and use of punctuation)