indeed.
its a great product at 16bit.
very forgiving..you can run it hot and push it hard. I have made some drunken recordings where I stumble back to the section and people are like "you should turn down, your clipping hard", and when I look down...I certainly was.
however, on playback its about as perfect as 16bit resolution can get.
the LEDs are so fast, that a clip light ...even though it seems long as it has a 1 second hold on the peaks, is just a microsecond transient. Very much like the V3 in that regard.