Hi!
Difference button is for listening what the particular filter is doing to the audio, it kinda subtracts the filters output with the actual audio before it or something like that
Oversampled limiting and clipping means that the audio coming to the clipper will be limited and clipped while it's oversampled, which means that the signal going to the clipper is oversampled to higher samplerate (or to a higher bit depth, HELP?!). Anyway, it's there to make the clipping and limiting more accurate and better quality since the clipper will have more "space" to do it's magic.
Composite clipper is black magic to the radio industry at this moment so.... Maybe Hans will fill the missing details as a alchemist wizard.