No doubt. Clipping at all before the very very very last thing that's done to the music is really pointless, because everything else after it either doesn't do much (a well designed limiter) or completely destroys the peak control (everything else).
For digital clipping, clip very last, even after your brickwall limiter, with something like Elephant. (try 3x oversample, if you have a decent DA converter, i think you'll hear that it sounds better)
For analog clipping, clip very last, and the don't let it hit 0db on your recording, and don't use any digital audio processing at all.
And please please please don't clip more than once.
