Hi, I just noticed that in the audio engine/transport/clock section of the control bar it says 16 bit.  It used to say 32.  \
 
VS700 interface, new system in signature.  In the preferences 24 bit is selected and grayed out.  But says 16/96 in the control bar.
 
Confused.
Dave
 
Also:  if I start a new project it will default 44.1/16 (i never use this), then I get an error says the project must be 96k/32 and it will change to that.  But, still says 16.  Is it 32 or 16 or what?

The transport module shows the Record Bit Depth setting.

Woohoo! you totally saved me, wow.  Been through a lot of settings and somehow blind to this one.
thank you thank you
dave