true peak and what to do

Yes, agreed, R128 as a whole may not be applicable to CD releases but only in the current hyper-maximised scenario… there are a number of CD releases whose tracks fall close to or within its limits (admittedly many of these were produced before the loudness wars). However, in the case of dealing with true peaks, which is what I was referring to here, there is no real reason why all CD releases should not adhere to -1dBTP (and this not suggesting that we should follow R-128 recommendations, but that where peaks are concerned -1dBTP is probably a good guideline anyway). In any case, I think most would agree that some degree of headroom for peaks is good practice in CD mastering. Just how much headroom would seem to be debateable.