I had a residency at a local club last year.
They had a noise limiter fitted.
To top things off there was a bad connection somewhere on the loop the limiter was fitted to which meant that sometimes, even when the bar was quiet with no music playing and just me and the manager behind the bar chatting, the limiter would shoot up onto red for a few seconds!
The damn thing was so temperamental it did my head in.
I must admit though, there's nothing like that rush you get when the red light comes on and you start counting and right at the last millisecond it goes off.
My other residency (which I still have) should probably have a noise limiter fitted, but I know full well that if it had one the manager would just bypass it constantly anyway.
Actually that reminds me... I was gigging in a local pub with my band on Saturday night. It's right smack bang in the middle of a huge posh housing estate. The venue had a limiter fitted which we could monitor from where we were playing. All we had to do was cough (away from the mics) and it would shoot straight up into the red. The noise from the crowd chatting before we even started was knocking it up into the red. The manager explained that it was ridiculous and always gets the bands to plug in elsewhere!
I keep having nightmares about the damn things lol