So how would this work in a typical rock band scenario? Been a while since I've used a mixing console so bear with me..

I'd have 8 tracks for drums (HH, Snare, Kick, Tom 1,2,3, OH 1 (stereo), Room (stereo)) and 4 for vocals, 4 for guitars (R, Lead) and 2 for bass and a couple for synth. Then I'd have one stereo Aux / send / FX / bus (all in one) for each of the instruments bar vox which would hit it's own send.. So in total I'd need 18 mono and 6 stereo faders all with effects applied to them..

Whilst looking about I read the following "The Behringer X32 digital mixer sports an onboard virtual FX rack that gives you eight true-stereo (16 mono) multi-effects processors" This somehow doesn't seem to tally up??

So is there something I'm missing here?