How to Have Effects Turned on WHILE Recording

Question

I want to use Audtion as a live multi-track audio recorder for some multi-cam video work (5 talking heads on lavs).  I want to record with certain effects (compression, limiter, etc.) on WHILE recording--NOT applied to the tracks AFTER recording.  Is this possible? 
I can only seem to be able to apply effects to tracks AFTER recording has already occured.

Answer 1

Hmm... RANT!
Bob Howes wrote:
Finally, regarding SteveG's slur against TV sound people, I resemble that remark.  Yes, we DID overdo compression but there were some technical reasons for this.  For example, when we converted to satellites for distribution, we quickly found that the satellite system itself would overload slightly below +12dBu on the input.  Not only did this sound bad, the satellite operator would threaten to throw us off (due to interference with adjacent users) if we hit this level--so everything we did had a brick wall limiter above +8dBu.  However, this was still AFTER the production chain, not on the input.  When doing location sound, although I'd leave the limiter on in the camera--but I'd set my gain staging so this was only a last-resort stopgap, not something being relied on to control levels.
It wasn't a slur against the people doing it - it was against TV sound, which, for the reasons you state, generally ends up as crap. It's also worth noting that it doesn't really stand a chance, right from the outset. For some strange reason, pictures always seem to come first. It's ludicrous; turn the picture off and listen to the sound, and you'll still have some sort of an idea what's going on. Turn the sound off though, and you generally have absolutely no idea at all! So which is really more important? Getting some presenter's ugly fizzog on the screen, or hearing what they're saying (I have to be careful here, as I might trip up my own argument...) So in some instances, sound ops don't have a lot of choice.
But overall, standards are slipping even further. Despite all of this legislation from the EBU, broadcasters still can't normalize levels between programmes. At present, the BBC is a particularly bad offender. It's not just compression, it's everything. I've recently watched orchestras being miced up, with some horror - bloody mics everywhere. End result doesn't sound like an orchesta at all - it sounds like a slightly sophisticated big band. So when I go and stick my SoundField (or even a Decca Tree) over an orchestra, people are amazed - suddenly it sounds like an orchestra again! I've asked some of the badly-trained monkeys why they do it like this, and have yet to recieve a satisfactory answer.
But in overall terms I don't care about compression on general TV output - it's only moving wallpaper, and you don't want to have to keep changing the levels, so from that POV it's a good thing; it's 98% rubbish anyway. But it does mean that on better programmes where they compress less - like Top Gear - you have to turn up the volume to listen to it, and be prepared to be deafened occasionally. That's fine, but at the end of the transmission you have to remember to turn the volume down again pretty quick...