I wish I could give you a good answer. To start with, I'm trying to do something weird for an IR, and that's to take the output of my guitar (steel guitar in my case) and make it sound similar to a dobro. Creating an IR gives you a way to replicate the transfer function of a thing, i.e. the changes to the signal that occur from input to output. In the case of a dobro, I may have done a good job capturing how the mechanical motion of the strings translates to audible sound, but I don't intend to use it in quite that way. Instead of plucking strings to create the mechanical input, I've got a signal from a pickup as electrical input.
So, I succeed if I get close enough to the sound of a dobro. Although I haven't tried using it in a band situation, I feel pretty good that I've achieved that goal. But just between you and me, I'd like the results to be better than any of several dobro simulators that are on the market. Even better, it'd be nice to be able to tell which of my dobros is being modeled. I want people to come up to me with tears in their eyes saying, "That sounded just like the dobro my dear departed Uncle Josh used to play..." Well, maybe not that.
I took lots of samples, using different placements and mounting systems for the motor, different mics and placements for each, different signal levels, different post-processing, etc., and that adds up to a lot of files to evaluate. And I'm still thinking up things I could do in post-processing, or things I could do in the preset, or discovering potential shortcomings of one method or another. So at this point it's more of a hobby, something to do when I get the urge to tweak presets and IRs.
But I'll try to give you a more useful answer: of the methods I've tried, I think using the motor is producing the best results. I feel some of the IRs came out pretty well. I took IRs of three dobros, a banjo, and a Martin D28. One thing I'd like to do when I get some time is to compare the D28 IRs with the ubiquitous gtrbody IR and see if that teaches me anything.
5.07 just finished installing. Gotta go.