[cjguitar]

I may be wrong, but I think lookahead just buffers more of the audio, often adding more latency to a given plug-in. I agree that there really needs to be a DSP true peak limiter, I really love Elixir, and think it sounds amazing, but it is a CPU hog and really does induce quite a bit of latency like you've said. I would really like to push Flux to port some of their products to AAX DSP, though I don't know if that will ever happen.