The first project I loaded into Lexington was a 16 bit that I was using to transfer finished tracks to .mp3's. It loaded at 24 bits, according to the transport module's thingie that shows the sample rate & bit depth.
In preferences, it is set at 32 bits and won't allow me to change it. What's up?

(the individual tracks show 16 bits if I click on "associated audio files")