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+1 mate. The process you are thinking of is "Hard Limiting" (In Audition, other apps may call it something else) which is a more advanced way to boost your mix up and smooth levels. I use this technique to master our recordings and with a bit of trial and error have got it sussed now. Normalizing is a pretty basic technique and wont solve your clipping issues if you have those.
... Or you can just play PSY :) no worries with quiet spots there lol
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Something I might suggest to people for checking the "nominal" or Unity level through your setup for recording is to use a 1k tone@-20dbfs(I have a test tone CD I use with many frequencies, pink noise & sweeps) and play it through your recording chain. When your gain staging is set properly, it should be -20dbfs on the record input.
