I will be the first to admit that I am not 100% certain of what I’m talking about and this is in no way a scientific study

-- I’m just trying to figure this out and put my 2 cents into ether of GS.
I think that PEP is a combination of the following:
1) An EQ based (probably/maybe) on the average of various legendary reproduction heads.
2) A transients smasher
3) Some sort of time-intermodulation that algorithmically speeds up chunks of audio samples by fractions of samples, as can be seen from this 808 sample (which is a real 808 that I am currently sampling).
I think that each channel of PEP is speeding up the audio by various degrees. Independent of each other. In this sample, this .12 second 808 sample is being sped up by degrees of the following amounts of samples at every peak and valley: 46, 78, 76, 64 and 74.
So, when Josh says that tape imparts a “fortuitous time based phenomena” -- I believe that he is referencing the fact that tape heads are not digital. They are not 100% sample precise. That’s why they have a ”feel.” Thus, the fault of digital is that it is too precise. It’s not just saturation (Phoenix... etc) or Transient Smashing. It’s also the time thing.
Phoenix II is an incredible DSP plugin that sounds amazing and can definitely color/tape compress a signal to give it a more tape-compressed sound. I think it sounds dope and put it on every channel of every mix. PEP appears to be a different beast. I don’t believe that it is intended, necessary, to affect the way it sounds (although it does) as much as the way it feels. While the EQ curve is evident and can be seen on a graph, along with the initial transient smash…. the ebb (and flow?) of the wavefile is - I believe - where the magic of PEP lies.
I also find it wild that the AD8 affects the original signal simply by it going through its transformers, without PEP. If I had to guess, part of the magic is in the actual design of the unit.
The original 808 is this sample was sampled by me direct via Redeye into DW Fearn.
I hope that at least a few people will appreciate what I spent the last few hours of my life doing.

