The NPC-RC DOES NOT manipulate the carrier! Most techs that I have posted with on this and other CB radio forums do not seem to understand that the term amplitude modulation is a term that should NEVER have been used to start with.
The amplitude of the carrier is NOT varied during the positive or the negative peak. The carrier remains the same throughout the 360 degree modulation cycle which can be proven by viewing the signal on a spectrum analyzer. The sideband power increases and decreases during the modulation cycle.
However, the idea that most of us grew up with--that is that is the carrier is varied in amplitude during the modulation cycle is EASIER to picture in our minds than the correct idea.
The GAIN of the modulation circuit is controlled by the NPC-RC components in such a manner as to cause the negative peak modulation gain to become less and less as the positive peak modulation gain remains "untouched" by the circuit.
Using THAT idea, we can picture the modulation circuit varying the positive peak in the normally understood manner while the negative peak is compressed so that the positive peak hits it's 250% to 400% point at the same time that the negative peak hits aboout 98%.
This is done because of the exponential curve of the diode.
I have had some radios to hit 65 watts from a dead key of 2 watts and sounded GREAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAATE!
I AGREE that under normal negative peak limiting done in such a manner as a Texas Star V-mod does, you CANNOT have 1 watt dead-key peaking to 35 or 50 watts and sound good--but there is no comparrison in a Class "C" clipped to the n'th degree and the NPC-RC Modification--They are two totally separate ideas.