I do too, but I wasn't sure if that had to do with the position of my attenuator being further advance to the 12-2 position, or if the lower gain setting had inherently lower S/N, as would be the case with a preamplifier (I think).
Unless I'm much mistaken the option is there for system matching. If you've an active Pre with plenty of gain it'll probably sound better via the low gain. If on the other hand you've the likes of a passive Pre the extra gain may help to drive power amps which are usually designed to be run with more gain on the input signal.
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