Jeremy, I didn’t see any mention in Isobel’s case that there was a need for a broadcast spec delivery. If it was simply for projection or DVD, then again, no need to change levels to broadcast spec. It should be remembered that dropping a 16 bit signal down by 10 db is effectively only using about 10bits of the signal. It has always irked me that the reason we throw away the best part of a digital signal is because Sony arbitrarily set -20db as a 0VU equivalent on their first digital machines. The lack of headroom in analog audio routers is why broadcast spec chose a -10db max. In our modern digital world, there is no longer a need to do this but it persists (a bit like 29.97 and DF NDF madness).
Using digital to its full range is preferred when not dealing with broadcast spec. Digital sound for feature films can use the full range as CD audio does, so you create issues for mastered files if you drop the levels. It can effect the way audio fades into its noise floor.
A lot of work goes into dithering to make smooth fades into noise floors on full range signals and you can change that by doing a simple gain reduction if FCP. At least FCP uses floating point calculations so that is not a tragedy.