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I think the Voxengo Elephant 2 is very good as far as peak limiters go and on the tracks on which I use a digital limiter it probably gets used the majority of the time over my multitude of other options (i.e. UAD Precision Limiter, Stillwell Event Horizon+, RML Labs Levelizer, GClip, Waves L3, etc.).
fwiw - in contrast to the other poster on this thread I find I can get enormously better results with it with far less futzing than I can get with the Waves L3 - which I find I almost never use these days as my other options nearly always sound better than the Waves does.
With Elephant I mainly use the EL3 mode with it but sometimes use the Clip mode - nearly always at 4x upsampling. In EL3 mode I most often have it set to "Max" speed (except when I want to deliberately soften sharp transients, in which case I'll use the slower settings), nearly always use it completely unlinked, and find tweaking the "shape" control can be really helpful in retaining in either the snap of the snare or thump of the kick (whichever one you want to prioritize).
Anyway - as mentioned previously on this thread there is a downloadable demo available so you can judge for yourself whether it is worth the very minimal price they charge for it. To me it's a valuable tool to have in the toolbox and very well worth purchasing.
Best regards,
Steve Berson
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