I think the last major album to be recorded with all the members present and playing together is "Bat Out Of Hell"... where the bed track was laid down with all the members playing together. Only reason I know that was the VH1 show on the album, I remember Marvin/Meat soloing instruments, and you could hear the drums in the piano.

'Course, there was a ton of sweetening and overlaid tracks put on afterward (by Todd "enough is never enough" Rundgren)...

Bren R.