Digital volume control for instrument level signal

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Hi!


I am interested in making a volume control with push buttons (momentary contact switches) for instrument level signals. I would like it to have LEDs in a row to show the level or a display showing numbers (1-?). I found this info about the max5486 here:


http://www.maximintegrated.com/en/products/analog/data-converters/digital-potentiometers/MAX5486.html


But I have some questions about this chip.


1) will the max5486 work for instrument level signals?
2) there are 32 tap points. Why are there only 5 LEDs?
3) is there a better way to do what I want to do?


I also found this premade circuit:


http://www.tauntek.com/irvc2-ir-master-with-lcd-for-remote-volume-control.htm


But It might be overkill. Any help is welcome! Thanks!
 
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