Jshaw,
This thread is about absolute polarity, AKA The Wood Effect. You are talking about reversing line and neutral on your power connections. It is generally recommended that, on equipment with 2-prong AC plugs, you should use the direction that sounds better, or if you can't hear a difference, use the direction that results in the lowest AC voltage reading from the equipment chassis to ground. With 3-prong plugs, the only way to do this is with a "cheater" (an adapter that plugs into a 2-prong outlet, with or without a ground lead). I am strongly against using these to lift the ground because of the safety issue, not to mention that your after-market power cords will not do their job properly without a good earth ground.