I know this is an old post but... I think I have good news for you. In version 5.00 I have finally cleaned up a lot of code, which includes moving a lot of Windows specific code to a single file.
I've just managed to get the command line version working on Linux - with some issues (most importantly that I cannot load .sts files because that was built using a Windows API - I'll have to write my own implementation for that).
But stuff like this is already working:
cat o.wav | ./a.out - - | aplay
Which immediately starts playing the processed version of o.wav
The GUI might indeed be problematic, but the command line version is very usable in Linux, especially if I were to expand it a bit (control via parameters, eg. setting input and output sample rates etc.).
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Sadly noticed that there isn't any Linux release. I know that rewriting the UI will be a lot of work if you made it for Windows, but Stereo Tool also has a command line version which can be used in a piped environment to process audio for eg. web radio broadcasting (that's what i like to achieve later when i have some spare time to write a simple radio automation software which supports headless mode). Is it possible to you to build the command line version on linux, or is there any chance to that this kind of release will be available in the future 
