Maybe it's not a big deal, but this isn't sitting right with me.
Dissapointed that the manual AND Scott Garrigus have this incorrect.
As someone that has a lot of learning to do with these tools, it really isn't helpful when experimenting say the PC for hours only to find out that the thing is totally inaccurate. Pretty much saps confidence out of the product.
Even if the threshold is set to 5 or even 10db more than the actual peaks, it is still audibly compressing the peaks. And as Brundlefly states (thanks for keeping to the topic) the 2:1 ratio is ridiculously squashy.
I'm still in total shock that all the people in that PC thread or LOVE the PC have not noticed this. Only confirms to me the strength of the placebo effect in the DAW/mixing world, and that a lot of people who think they know what they are talking about, actually dont.