.. this does not seem to be the best way to limit a rig.
And why not? A fast attack/fast release limiter that can detect exactly when the path saturates, compared to some big dollar solution that you have to set at lower thresholds JIC the mains sag or your gain structure isn't perfect, isn't perfect.
Thank goodness we've come a bit since then...
Yes we all have... but but the fun of working at Peavey for 15 years was how people always underestimated the product.. :-)
PS I am a strong advocate for powered cabinets where you can connect all the dots inside the one box. DDT or the sundry variants on clip limiting are a good thing for most users. Note: I have seen a few attempts at clip limiting that missed the mark, but most of the major amp makers who have been doing this for decades have it dialed in.