The way I see it, this "flexibility" is not very useful in the long-run, its a one-time checkbox you would use now, and never again. As such, I don't see the value in it. Flexibility is only good to a point, after which you produce feature creep, which overloads interfaces, confuses users, and increases maintenance burdens.
Also, Audio Analysis does more then just volume measurements. How many checkboxes are acceptable?