The low temperature acoustic properties of bulk metallic glasses measured over a broad range of frequencies rigorously test the predictions of the standard tunneling model. The strength of these experiments and their analyses is mainly based on the interaction of the tunneling states with conduction electrons or quasiparticles in the superconducting state. A series of experiments at kHz and GHz frequencies on the same sample material essentially confirms previous measurements and their discrepancies with theoretical predictions. These discrepancies can be lifted by considering more correctly the linewidths of the dominating two-level atomic-tunneling systems. In fact, dephasing caused or mediated by interaction with conduction electrons may lead to particularly large linewidths and destroy the tunneling sytems' two-level character in the normal conducting state.