UPDATE:

[Couldn't get back into my original post...too much time had expired]...

Please still answer the first two parts of my question (still very important to me)...but...related to it all...I recently learned from the mfg. of my audio interface (Lynx Aurora8/AES16) that their ASIO drivers accept a 32-Bit "container", w/ 24-Bit data...from the software.

So...how does this fit w/ the scheme of things...is this what WaveLab actually sends out?

Thanks very much,

mark4man