Issues 4 and 5 from the todo list are fixed.
Stand alone:
http://www.stereotool.com/download/ster ... 20-010.exe
Winamp DSP:
http://www.stereotool.com/download/dsp_ ... 20-010.exe
VST:
http://www.stereotool.com/download/vst_ ... 20-010.dll
Note: "Performance: Not low freqs" and "Traditional bass/mids clipping" have a very similar effect, and I should probably remove one of them. For now, keep them both OFF to have composite clipping on ALL frequencies, turn the Traditional setting ON for standard clipping on bass/mids (but at a slightly lower level to compensate for expected pilot/RDS levels). You can also turn 'Performance' on to do even more things in non-composite mode; enabling both gives the best performance.
IMPORTANT: To get a good sound from the composite clipper:
1. Enable it

It's an option under Advanced Clipper
2. Under Advanced Clipper -> CPU, set 'Strictness' at 11 or higher (higher is better; there's probably not much gain above 15 anymore though; 11 looks pretty good already so a bit lower values should still be ok).
Warning:
You will need a license update to use this! Otherwise the 'unregistered options in use' thingy will pop up, and you'll get messages through the music (every 4 hours).
DONE:
4. Check bass and mid clipping issues reported by Bojcha.
5. Check clipping bug when clipping a 20 Hz bass tone and set bass clipping (in code) from traditional to MPX clipping. Why is the output level higher??
Ad. 4: Clipping is set to 'traditional' clipping for both bass and midbass. But levels are not adjusted to make room for the pilot and RDS signals. Also, potentially stereo bass will not be clipped optimally. However, if I want to use composite clipping for the (mid)bass as well, I need to fix a bug (currently multi-threading gives different output levels, I don't know yet why), and bass clipping strictness must be greatly increased, leading to a much higher CPU load - so this is probably not a very good idea. The simple solution is to adjust the clipping level to make room for the MPX signal. (Stereo pilot 9% + RDS 4.5% means that there's 13.5% headroom needed, so for default settings that means the clipping level must be multiplied by 86.5%.)
TODO:
1. Move or copy (same as Stokkemask filter) composite clipping and SSB settings to FM section.
2. There was a complaint in the beginning of this thread that there were 'shrill' sounds heard due to the changes in highs clipping. That's still not resolved.
3. Perform same performance optimizations in traditional clipper; remove 'Stronger clipping' slider once that's finished.
6. Replace DIV_PS by RCP_PS + MUL_PS in new clipper
7. Check holes in center of bass -> might be better with new clipper
8. Interesting observation: For Strictness settings below 7 (9 internally), the old clipping method works better than the new. So, it might be interesting to try to combine the two - that would again result in less steps. Not sure though what will happen to quality (I think the new clipping method is slightly better than the old one for that).