Under certain circumstances, it's quite expected that you'll get audible results from having a bit depth difference. Which you do have here. 56bit fixed point vs 64bit floating point implementations of the same algorithm. It'd be interesting to have a reference implementation at a ridicously high bit depth, so that one could see whether the 56 bit fixed point or the 64 bit floating point is the most correct one.
It seems however like Waves messed up when transporting the L2 plugin, since the difference is way too huge. Especially when you compare to for instance rencomp.
