W1 Limiter is a clone of Waves L1, with identical output.

I have not seen any Waves source code, and this result was obtained by tweaking 4Front YLimiter, by doing the following:

• Release curve simplified
• Release time multiplied 3 times (see notes below)
• Softening circuit filter changed

Waves L1 famous limiter (and thus W1 — for compatibility reasons) uses three times longer actual release time than standard RT60 metric. This means that if you set 50ms release in the limiter, it will actually yield with 150ms standard RT60 release time.

Since this cloning could be done, you may have no doubt that in the future I'll provide you with a commercial limiter, that beats everything currently available (I have prototypes already).