What software does Anixas use?
Interesting. I haven't really been able to settle on feeling comfortable with a new DAW since I had to finally move on from my little white iBook running system 9.2 with Deck. I must be too old for anything more than that.
I did like ACID on a Windows XP system I had after that and recorded some nice things. Started getting into more complicated compositions and more free-form collage work which I was starting to get into.
I've done a few things on Audacity, employing a similar method to yours. I've also done a few things with Adobe's Audition which you can download as part of the Creative Cloud suite. Audition has some nice quality plugs with it and it works similar to Audacity.
I really need to buckle down and learn some recording skills I've never really bothered with. Stuff like sends and returns and, hell, even MIDI is something I've never really done. Basically, I paint loops and play around them, paint some more and play some more.