I'm looking at getting some pedals for my guitar (I play acoustic, and as I just recently got an amp, I haven't had any in the past) mostly for live performances, as it's tough to assume a bar or some other place will have basic reverb, etc.
What are the pros and cons to using pedals vs effects units vs DAW effects? Are there any huge red flags with using or not using pedals?
Note: I'm not looking for a "buy these pedals" list. It caught my curiosity when I was asked if I was going to use the pedals for recording.
EDIT: I will not be using the amp for recording or for singer/songwriter performance, as it's the amp for my home studio. I only mentioned it because it's the easiest way to hear what the pedals are doing.
EDIT 2: Also, I'm focusing on studio recording, not live recording.