yes "fancy" isnt the word i would use rather sufficient see organics needs not feeding if proper soil microbes are in full life, good organic nutes have very little npk but full of life, breaking organic material in a more simpler foods and sugars that the plant can absorb making the "fancy" dirt an ever supply of food. the fancy dirt is just recycled waste "shit" i would call it..organics feeds the dirt.. chemicals feeds the plants. soil microbes and fungus break down proteins into nitrates with out extracted chemicals...
http://www.drearth.com/watch-video/
this guys explains better