32 bit float vs 32 bit ...difference?

32-bit Floating Point is actually 24-bit audio, normalised to values between 0 and 1 (that takes care of 23 of the bits), 8 scaling bits and a sign bit (which is effectively the 24th bit). If you set Audition to record 32-bit audio, it certainly says Float next to the setting, but since it's only recently that we've had hardware that would put out 32-bit float, what actually happens is a bit moot - we've had one report that it simply doesn't work. Also there are reports that it's not just Audition that has this problem either...

So as of today, I don't know. I suspect that it's down to drivers, but it may not be. It's relatively easy to create a 32-bit framework for a file, but until now there hasn't been a need for hardware to address the file container directly in this mode, and that is probably the stumbling block. Hopefully there will be some clarity at some point.