Some help with software compression

[jimk]

If you were faced with this screen, what settings would you use to kill a slight background hiss and add some compression to the vocals?

http://starkcast.com/images/uploads/podprod_comp1.gif

[Big Mike]

hmmm.....
-3
4:1
.10 ms
50...maybe more towards 100 ms
+3 dB [to make up the difference]

do I win? :)