liffy99 wrote: 
> So does the 'interpolating filter' reconstruct an approximation of the
> waveform?

Yes, but it will be an incorrect approximation, because the data itself
is "wrong" (as in clipped - limited to 0 dBFS instead of whatever higher
value the original sound wave data contained). 

> In which case why do we hear clipping at all?

Because the reconstruction will not match the original wave - but the
reconstruction will cause the analog signal peak value to go above 0
dBFS. 

> Is it that a reconstructed output above 0db is sent to an amplification
> stage that exceeds the amp's stated capacity, overloads it, and causes
> subsequent clipping at that point ?

That is unlikely to happen with an analog amp, as an analog amp should
have at least some headroom. Might be an issue if the signal is
re-digitized.


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