iTunes 8 low volume glitch
Output volume is set correctly in System Preferences. Soundcheck, Sound Enhancer and Crossfade are all off. Equalizer preamp setting is set at 0 decibels and when I turn it all the way up (which should technically distort the volume) it's still too quiet, in fact, the volume change is barely noticeable. Obviously I've shut down, restarted the Mac and all applications to no avail.
Has anyone else had this issue with the latest update? Is reinstallation the only hope?
Intel iMac, Mac OS X (10.5.5)