I have both a passive and active (in 2 different systems in the house). Passive can be very very good, but it does require more effort in component matching. You can get very poor results with passive when components are not selected carefully. Also, cables and long interconnects, as mentioned can create problems seldom seen in active pre-amps. Lastly, passives rarely have the ergonomics and features of actives--due to their necessary simplified circuitry. This can be fine for certain applications, but really doesn't work for others. In the end--the final verdict--both can work well. Passive can provide better sonic value for the same (and much less $), but with the caveats mentioned.