freecell,
what is your opinion of compressing the negative peaks of an AM signal so they cant exceed 100% and allowing the positive peaks to exceed 100%?
LC
You can already do that by using the correct polarity on better transmitters. Better meaning good frequency response and low ratio modulation transformers in the high level types.
One big drawback is the other guy's receiver. Most diode detectors produce unwanted distortion at higher positive peak levels. DSP is being used more and more so we may hear more "ultramodulated" stuff on the air someday. It certainly does sound louder.
A good writeup appears in OCT 1956 QST IIRC.