Try changing the detector type to Peak. It responds faster than RMS and might work better for limiting.
That right there is the textbook definition of absolutely hard clipping. It's NOT limiting or compression.I agree that a real brickwall limiter on a dedicated block would be great. I'm sure this is my ignorance talking, but it seems like it would be simple to program and very light on CPU. If signal > X, signal = X.
That's not a limiter, that's a clipper and it would sound terrible.That made a slight difference as did cranking up the release time. I'm still at -15dB.
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I agree that a real brickwall limiter on a dedicated block would be great. I'm sure this is my ignorance talking, but it seems like it would be simple to program and very light on CPU. If signal > X, signal = X.