http://stabilitynetwork.blob.core.windows.net/g-tunes/20141222_ForumChallenge.mp3 I didn't read more than the first post before giving it a try.
My biggest problem was the time constraint. I started the clock only after the tracks were imported and didn't include the fast bounce/export/mp3 conversion and posting.
I used 2 multibands instead of a limiter. I didn't take time to highpass everything... I just depressed everything below 50 on the master bus.
First, I visually noticed 3 sections of the song where different groups of instruments played. I quick-selected these instrument sets and set them to different busses. I sent the bass direct to master with no verb. I added verb and compression to lead vocal and sent direct to master bus.
I set a color for each of the busses so I could see which tracks related to which section then Alt dragged them into clusters so I could quickly address related tracks.
I added different Sonitus verbs to the 3 busses which I named 1,2 and 3. :-)
I added a gated verb which I used on only 1 section of the song where the snare seemed to be missing life.
I used some draw automation on the vocal and ctrl+dragged a sign oscillation on the main vocal pan.
I listened a couple of times to get volume ebu meter around -14.
I used some quick groups for splitting out the stereo image. I grouped some items and used group manager to have the pans mirror to save time setting inverted pans.
I used the Console View almost exclusively.
Bounced and exported.