@bigtwin -- the one thing missing in the info you posted is a reference to the listening volume in the room. Not everyone wants live rock concert volume in their home.
The other common mistake concerns the level of peaks above the average playback volume. People often think that recordings have more dramatic peaks than they actually do. Digital recordings in particular have a max level that can't be exceeded. I've used Adobe Audition for years to edit all manner of recordings -- rock, folk, jazz, classical and others. One thing I've noticed, in particular in reference to albums recorded since the advent of digital in studios, is the volume uniformity of drum strikes -- a common source of audible peaks in music. Viewed digitally, one can easily see that dynamic peaks have been limited during the recording process. The uniformity is is sharp contract to the variable peaks one sees from old LPs recorded on analog tape. Even with the latter there was a max possible volume that could recorded on the tape so limiters were still used so the average playback level wouldn't be too soft. No one wants the average level so low that background noise gets in the way.