carl - I see your point. Once I know that the signal is right going in a plug, I only need to watch it coming out. With Hornet, if you let the entire project run once you get the proper auto-gain set so it's not adjusting during playback. I was confused by this at first and didn't buy into it - I do now. I wish Sonar could do this for you so I didn't need a plugin in the chain.
Bit, I always try to use my ears and meters but I believe now that the peak meter doesn't help like the peak meter. Still got to use the ears, but the needles tell a truer story. They are also ****in' cool too. :)
I <thought> I watched my levels well but I was wrong. This is fun - ready to try on another project this weekend.