Onhwy61...Compression/peak limiting can indeed be undone during playback so as to restore, or even enhance, the original dynamic range. The issue is that with analog logic the playback expansion will always be slightly behind the sound, so that the "attack" may be noticably different from the original. This is less of a problem where the compression during recording, and the expansion during playback are both done in accordance with one standard, Dolby or DBX.
Digital processing could eliminate this problem with delayed logic. The music signal, in digital form, would be delayed by the time interval necessary for the logic to examine it and adjust the gain. Then the gain changes could be implemented at exactly the right time in the music. It would not surprise me to learn that such a device is available. It's an obvious solution to what is evidently a widespread problem.
Digital processing could eliminate this problem with delayed logic. The music signal, in digital form, would be delayed by the time interval necessary for the logic to examine it and adjust the gain. Then the gain changes could be implemented at exactly the right time in the music. It would not surprise me to learn that such a device is available. It's an obvious solution to what is evidently a widespread problem.