^ With respect to the analog limiters, I was specifically referring to 24-bit mode (limiters are disabled in 32-bit). The way I look at it, there are three possible scenarios:
1. The signal exceeds 14 dBu and overloads the input, irrespective of the limiter. No need for an analog limiter.
2. The signal is less than 14 dBu and there is no analog gain. As the input and ADC are configured to avoid issues, that signal wouldn't overload the ADC. No need for an analog limiter.
3. The signal is less than 14 dBu and analog gain is available. Gain applied in the analog realm could then create a signal that would overload the ADC. Analog limiter comes in handy!
So, basically, the analog limiter only matters if there is analog gain. Maybe I am missing something, though. It certainly wouldn't be the first time...