Some more detail for those who are interested.

When EQ settings are flat (no EQ, no correction or matrix filters, no
loudness setting), the Inguz plugin:
- Uses a "Dirac delta" (not an approximation) as the EQ filter.
- Processes signals using this filter.  There are some
rounding/resolution artifacts, but processing uses 64-bit floating
point so these are hundreds of dB down.
- Scales by a global gain, which is configurable in the exe.config file
(although the absolute gain value is somewhat arbitrary).
- Scales to fixed-point 24-bit PCM, with dither (usually triangular PDF
dither, although this is configurable).

Even if global gain were exactly unity, the dither would push many
tracks into clipping.  (IMHO many modern recordings are clipped during
mastering, but there you go).  So having an exact unity gain through
the DSP is not really what you'd want.  Additionally, as soon as you
set a non-flat EQ, the global gain would need to change to allow the EQ
processing without clipping.  Instead, the defaults set a fairly
conservative headroom.


-- 
inguz
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