Hi smartinuf …
I have had the DSM from when the first version became available as I am a big Paul Frindle fan.
Like you I am finding issues with the ‘new’ V2 version. On my system (latest version of WL7 and XP Pro SP3) the plugin does not appear to actually ‘limit’ the output even when the limiter is engaged. You can see the signal on the plugin’s out meter confirming this. You can lower the input signal to address this but it kind of defeats the purpose of the exercise does it not?
It’s quite unusual behaviour.
I haven’t had the chance to explore this or report it yet to the developer and to be honest I don’t really use it that often.
I still have the V1 iLok secured plug installed. That continues to work fine.
FWIW, I have had ‘trouble’ generally with Plugin Alliance installs that were not previously an issue with the older iLok versions. This may well be a consequence of not getting around to installing Windows 7, I don’t know.
Bottom line? I do not believe it’s not a WL issue.
Hope this reassures.