Got my stereo splitters so I've been testing this out as an insert effect.
I've found using the usb power gives major noise issues once you go below 8 bit. Using the dc power jack this is solved,only issue I've found is a kind of "ghost note" sounds once there is no audio at the input. Bit like a 1 second delay but only applies to the last sound. Again this only appears below 8 bit.
Using the logic/decode/bin 8 object routed to 4 leds to give a display of the bit depth in binary is a nice addition.
I'm getting phasing artifacts when using the crossfade between dry and processed signal. Going to try and reduce this by introducing a delay to the dry signal.