I've been using the limiter capability within several different Dynamics processors, along with the separate 'Limiter' block. I'm finding that they do not appear to provide a hard limit, but a soft limit. As my input signal increases higher and higher, I was expecting the be able to set the limit so that it would be impossible to pass a signal beyond the threshold I set. So far, all it appears to do is a bit of attenuation, but as my input signal continues to increase (to the point of clipping on the output) I'm never seeing hard limiting applied.
Am I missing something here about how these are supposed to work?