[PD] Dynamic range question

[Jamie Bullock]

I apologise if this has come up before.

With PD, numbers are represented internally as 32-bit floats, but audio
processing is done using values normalised to the range -1 < x < 1. So
doesn't this effectively restrict PD's audio dynamic range to 24-bit?

This is more than enough headroom, but I just want to check whether my
understanding is correct or not.

Jamie