before I got my most recent machine, i would bounce a mix and master in another session as the Slate FGX that I like to use was buggy and CPU hungry before it went 64 bit in AU format. But that slowed me down and I hated having everything not contained in the same program.
Now, I don't bounce or freeze anything as I have lots of horsepower.
Here is what i do instead:
for Non-exclusive cues that I might sign to a library and / or pitch myself I
1) leave everything in the session, leave MIDI instruments as MIDI
2) bounce full mix, and several alts (bass and drums, VX acapella if its a vocal track etc.)
3) bounce stinger / bumper / cut downs
4) archive it on a RAID mirror drive.
5) don't think about it again.
For Exclusive cues
1) exact same thing
2) for some publishers that are particular I export stems (post mix fx and post master FX) because they want to be able to remix in the future. That's done upon signing.
For every situation, I don't bother. Here's why:
1) Slows you down and converting all stems to audio takes more disk space (albeit cheap $$ these days)
2) Unlike Guscave, in my experience I have never had a publisher, music super, or agency contact ask me to remix anything except in the first few days / week or having a cue / song prepared for a custom use. Doing a few alt mixes also CYA for any occasions.
3) Even when opening an old project and finding a certain plugin didn't exist any longer (which was usually a "free" plugin like Amplitube) having to spend minimal time "remixing" has always lead to a better production anyways. I notice this frequently if I go back to my graveyard of pieces that I didn't feel were finished and open them back up and work a little on it.
but honestly - at this point, I haven't had an issue where a plugin didn't exist on my computer that I had installed previously since 2011 - when I resurrected an older piece and used it for a film score. Then I had to replace a few "lite" plugins.
As you can see, most people above are erring on the side of bouncing a lot of stuff, and thats totally cool as its a personal thing. For me, I am not too worried about it. My DAW's open up legacy versions.
Chuck - it seems like most of this issue is driven by what your computer can handle based on its existing power. If that is the main thing, and you are just trying to get through it, then you should explore freezing tracks. In Logic 9 / X it works pretty well and is easy - in Pro Tools 12 is also really well implemented if you ever want to go back to Pro Tools.
If either case, you can get a lot more of your computer power back by doing that.
Good luck
