Midi controllers, limiting factors=?

["qua@oregon.com" <qua@oregon.com>]

My brain hurts when I try to pencil this out. So'd appreciate your help. 
I'd like to use midi controllers (foot and/or hand control surfaces) to
control just any/all software parameters.    But it seems to me that a
limiting factor may be the # of midi channels (max 16, right?).  

If you want to send CC to 8 output levels of a computer interface from a
fader box, you'd use up 8 of the 16 channels so that you could control each
channel individually - correct?   

If you wanted to map knobs on your controller to change settings (CC) of
VST paramaters, do you need another midi channel for each VST to control
them independently - correct?    

Seems like you'd use up all your midi channels very quickly - right?

-Qua



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