i think its well defined by steinberg !!
just bought an ipad and cubase ic pro… any good and useful updates are always welcome. 
CICP-997 Fixes a rare phenomenon where the input level is displayed on other audio channels in the mixer.
just played a little with Cubase ic pro for the first time at 4 Am after a gig !! 
and i noticed this problem of wrong track metering display!! ill check it later too… hope the update solve this.