These are common on test equipment, which can be influenced by ambient radio noise because input signals can interact on some settings. For audio, not so much, although at the preamp, the tape out RCA's and amplifier RCA's can be connected. In that case, be damned sure that you don't use shorting caps on the tape out RCA's, which short the signal line to ground.
I suspect that the main advantage is cleanliness, which should not be under-rated.
I suspect that the main advantage is cleanliness, which should not be under-rated.