Summary Recommendations:
- Install Equalizer APO and use it to disable original APOs and set EAPO's preamp gain at ~ -4 dB to avoid upsample overs, filtering induced peaks, and the Windows CAudioLimiter
- Set Windows audio to 24 bits so that it's added dither doesn't compromise dynamic range
- Set Windows sample rate to the same rate as the native file, or to 96 kHz if you play back high resolution material
- Turn off Windows system sounds and enhancements
- Install "remote desktop" for "Spotify Connect"-like added convenience, for all your digital sources
- Take the money saved and buy more music, better speakers and a few bottles of wine
After few months of intensive testing and measuring I would suggest following updates:
- Install Equalizer APO and use it to disable original APOs and set EAPO's preamp gain at -6.2 dB to avoid upsample overs, filtering induced peaks, and the Windows CAudioLimiter
- Set Windows audio to 24 bits so that it's added dither doesn't compromise dynamic range
- Set Windows sample rate to the same rate as the native file, or to 192 kHz if you play unknown audio format
- Have a media player capable of using WASAPI: Exclusive mode and use it for 'critical listening'
- Turn off Windows system sounds and enhancements
- Install "remote desktop" for "Spotify Connect"-like added convenience, for all your digital sources
- Take the money saved and buy more music, better speakers and a few bottles of wine
Notes:
On -6.2 dB
a) at -0.14dB CAudioLimiter will stop making trouble for single source. THD improved from -60 to -80dB.
b) at ~ -4dB risk of triggerring CAudioLimiter was much reduced when mixing more sources.
c) at -6,2dB risk of triggerring CAudioLimiter when mixing two sources was reduced to zero. It also negates IMD as a result of mixing.
d) If you use Equalizer for improving sound, -6.2dB has to be on 'Peak Gain' on 'Estimated properties' tab.
On 192kHz
a) If the source is unknown, or only WASAPI Shared mode is available or there is another reason that you cannot avoid re-sampling, 192kHz mode will create least artifacts, but all of them above threshold of 20kHz.
b) Unfortunately its not always possible to know which audio is used in computer game or in stream.
IMD measurings for 96kHz and 192kHz output with 44.1kHz source tone sines at 18 and 19kHz:
Disclaimer: My measuring equipment is not good, nor accurate, but the results under controlled conditions were repeatable and constant. If someone would verify this, it would be great.
Media Players with WASAPI: Exclusive
a) This mode bypass ALL Windows filters and audio is sent to speakers "As is"
No mixing, no resampling, no limiter, absolutely no software filter in Windows is used.
b) Media files are rendered in their native sample and bitrate
c) There is little to no difference between WASAPI: Exclusive and ASIO modes.
d) It will mute all other audio sources in Windows.
And very last note... If you want less technical and more subjective way to tell how Windows does sound, simply compare music in Shared and Exclusive mode.