QUOTE(Sebastian Mares @ Apr 24 2007, 10:04)

Could be something like the bit reservoir in MP3 and a using a second pass can improve how bits are allocated there if that is what is meant by "buffering".
Well, perhaps one might want to mitigate starvation situations mostly. This is, actually, just a guess.
QUOTE(Junon @ Apr 24 2007, 10:56)

I don't feel like providing any proof for guesses based on the Microsoft statements quoted by quas earlier.
QUOTE(quas)
"With CBR encoding, the bit rate of the file or stream remains fairly constant and close to the target bit rate over the course of the stream."
If that's not sufficient in your eyes, so be it.
So, in other words, the Microsoft statement does not agree with your own interpretation, but you will still stick to your own interpretation when regarding their software.
I understand very, very clearly what you're saying, indeed.