Yes if the signal is hot there are a lot more samples near the maximum that “guard” the bad normalization. However with a signal with more dynamic range there are shorter impulses and when an impulse is not sampled exactly at the peak you can have problems: the vertically offset sinc function is the limiting example. 3dB is a good practical rule of thumb.
Put another way: your intersample peak can’t be higher than the gain on the normalization
The emotional tension for me is accepting I need not slam the meters as one tends to do with tape, but if I do not record hot the concomitant need to boast volume/normalize is gently scary.
I like to believe overthinking provides mental exercise.
Sample the sinc twice as often and then offset and scale the min and max to be -1 and 1, then throw away the original sample points (green) and the red points are left.
The original sample’s gain is +5.3725dB
The issue that I’m having is that with HQP on Mac Mini set at 0dB I’ve got to crank up the DSD to 90 for moderate background levels - not enough headroom left for louder sessions.
HQP is the only SW/HW combination I’ve tried in several years that has had this issue - everything else I’ve ever used lets me run the DSD set at 50-80 instead of 90-100 (and still not enough). With Roon Bridge I can set both Roon and the DSD at levels in the 70s and 80s without issues.
Since it doesn’t seem to bring any (non-signal-bent) SQ to the party, I guess I’ll be using Roon Bridge instead.
I use HQP for years and I just recently set it to Odb with good results. I always keep an eye on the limiter, but as long as I play classical music I’m fine. If I have to play Pink¡ I use the TV speakers…