I have known a few drummers and most wouldn't even attempt it, the strict quantisation of most drum machines makes it impossible to replicate any real kind of feel.
Drum machines, maybe. Drum sequencing on a computer, no.
I do all my drum lines on an electronic trap set. These capture what I'm putting in, the variances in timing, the loudness and expression of the playing. The "recording" of all of these elements are recorded as MIDI events in the sequencing software. The MIDI sequences then trigger the sounds for whatever drum sound I want.
There are benefits to doing it this way. I could be playing perfectly on a track but glitch a section in the first chorus - maybe a single snare hit comes in late. With a regular acoustic recording, I could either try to punch in over this section or replay the entire track. If I re-record the entire track then I lose the really nice fill I did leading into the second chorus. Now I'm stuck trying to recapture something. With the MIDI recording, I just slide the single late snare hit to be in time. I can also mix and match sessions - cutting and pasting just the sections I want.
As for the drum sounds, the samples I use are of real drums and each tom and snare hit contain many different sample sounds of the drums being hit at various velocities and different sections of the head. So the sounds are good.
Let's say I'm working on a song. I've got the chorus section and the verse sections finished - then I get pulled away on another project. I revisit the song 6 months later. Do you know how hard it would be to match the micing and recording of a drum set 6 months later? The heads will sound different, the mic positions slightly different, room location and sounds slightly different. It would be easier to record the entire drum line again. But with the MIDI recording I can just load the same drum sound set and I'm off and running.
Having said that, it really depends on what you're recording. If I'm bashing away on something with sticks, I don't feel there is that much of a difference between my sampled drum sounds and a real drum set once the tracks are in the mix. Hand drums are different. Congas, bongos, tabla - something where the expression is based on the movement of the hand. If that type of track is required and it is front and forward in the mix, I'd rather it be acoustically recorded.
The same is true with other instruments. The new sampler software and multi-sampled instrument sets are amazing. You get squeals and slides and instrument sounds just like you get with an actual instrument. I have piano samples that even make a instrument sound when you lift the sustain petal.
Here is a test. This song has both acoustic and sampled instruments. See if you can tell which is which - https://soundcloud.com/7graylands/seven-graylands-lost
This song has a sampled sax in one section and a live sax. Which is which? https://soundcloud.com/7graylands/seven-graylands-cinder