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In the hardware realm, I'm pretty sure the Waves L2, long in the tooth though it may be, is still the most popular option.
I'd love to hear about hardware alternatives, too, though. I've considered hardware peak limiter options from time to time, but I keep coming back to software limiting, which gives greater flexibility and in my opinion can yield better tone than the L2. It's also nice to have the limiting for a master be something that is not "fixed" (i.e. not part of the digital capture from the analog chain). Then it's settings can be easily tweaked (even automated) after capturing audio from the analog processors. This saves time, as one client's "too much limiting" is another client's "not enough limiting."
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