I'd say there's a big difference between binaural recordings and 'binaural plugins', which mostly appear to be some kind of HRTF (head related transfer functions) placement arrangements. Nothing wrong with that, I think they can be very interesting, using 'space' as a compositional consideration in a mix.
You don't lose information with the recording binaural technique, it's just a different way of capturing spatial information. I've found using a binaural recording of something like rain or a storm for example, gives a great spatial element to a track. Binaural recordings I'd say are
perhaps more suited to field recordings. If you (or anyone else) is interested in hearing an album of material derived from binaural recordings. I've made my 'Binaural Soundtracks
' album a free download: http://db.tt/Yih70M83
(Dropbox link 67.9 MB zip file)