> long channel vs. short channel JFETs ... I don't understand enough semi- physics to make sense of that
It's just end-effects.
Compute a duct for a bass-reflex speaker. The effective length is longer than the hunk of tube you cut. A 1" diameter 100" long tube does act like it is about 100" inches long, but a 4" diameter 4" long tube acts like it is 6 inches long. A hole in sheet-metal has finite acoustic length. Conceptually, a hemi-sphere of air at each end "thinks it is in the tube".
An FET has a no-bias channel as big as your mask lines, and a biased channel which is much-much narrower, conceptually one atom wide.
If you build FETs in the kitchen sink: a 10mm long channel 1mm wide will be fairly linear, even when bias pinches-off the channel to one atom wide. Slenderness ratio varies from 10:1 to 1,00000000...:1, which is all "large". But a 2mm long 2mm wide channel pinched to 1 atom wide varies 1:1 to 1,00000000...:1, from short to long. Production FET sizes are microns not MMs, but always large by atomic scale. A long-channel is always long; a short-channel must vary in slenderness.
The short-channel gives more gain at high current and modest voltage, or for fixed die area. This makes it preferred for RF and CPU application. Same as 6L6 and 6DJ8 are very non-linear tubes, with large change of gain at high current, which makes them loverly in RF and power application; 6J7 and WE-300B are low gain but nearly the same gain at all practical current and preferred for simple clean audio. (And the cathode-grid "channel" has the same slenderness issues as a sand-state FET, just more mechanical dimensions to fiddle with.)
Leach limiter: Aside from other frills: a specific feature is that it will settle on the EXACT gain setting. As a servo loop, it has near infinite gain and near zero error. It takes time to settle to very low error, but it gets to low error fairly fast. It is an asymmetric integrator, with ideally infinite control-path gain at DC. You servo-guys will know more than I do about the terminology and implications.
I don't see this feature as useful for music. We don't need an exact level, we don't have a steady-state signal. And many of our "favorite" limiters are seriously "flawed". Really good limiting is really boring. A bit of zing and clip and error ear-fakes the dynamic sparkle we are squashing out.
It is a perfectly good simple limiter. It is an excellent tool for teaching you to THINK about the complete limiting problem (not just P- versus N- niggles). But if you need a limiter, some of the $99-$199 boxes will do the job near-perfect. If you need more or less than near-perfection, you have a long road ahead.