Yeah, that's definitely much better. Particularly compare at 3:26 between v3 and v4, and you should hear a difference in the reverb tail; in v3 it's pumping from being too loud against the limiter, and in v4, it's just trailing off like normal. Now that the overcompression is lessened, the master track volume (on the master track mixer slider) can be brought back up (by about 3 dB).