Plus it's handy for setting faders up mixes quickly.
I went the EBU R128 standard route over a year ago. This is a handy tool for that purpose although you can select any value you'd like.
I've been testing it out on tracks for mixing using sevral ways; on tracks pre-post fx & on group buses too. The results can be surprising, e.g. things I'd normally turn down in the mix need to be adjusted 2-3 db higher & I'll get an overall cleaner & better balanced mix.
When summed my mixes are -24 RMS so there's plenty of dynamics & headroom to deliver in any medium- dvd, cd, internet media/ Spotify, iTunes without the need to squash or limit that much at all.
I use simple vu's + gain staging to get them there but this can help for sure.
Another tool that some might find helpful or useful.