Can channel levels be too low?
I've been working on a project that, for various reasons, has about 16db of headroom on the Master when summed. This isn't a big deal: I can trim that headroom off before sending it for mastering.
However, I'm wondering if there'll be any quality consequences to having all my channels so low. I know Ableton uses 32-bit internally, which means it shouldn't matter, but I don't know the VST protocol well enough to work out whether I'll have issues running low levels through plugins.
Is there any value in me going through each individual channel, dropping about 12db of gain reduction, and then rejigging all my channel/bus FX to compensate? It'd take a couple of hours, so I'll only do it if necessary.
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