So I ditched a $10K 2 box preamp (Modwright 36.5 LS/PS) in favor of a digital volume control, simple because taking it out sounded better to me.
Here is another consideration. Price / performance. Let's say you have a 4K DAC with a build in volume control, and you have $10K in the kitty for an upgrade. You can either buy a $10K preamp and put it behind your DAC (throw in some money for cabling too), or you can buy a $14K new DAC with volume control. In my experience the SQ improvement per $ of the DAC upgrade will be substantially higher than getting the preamp.
Again, I am talking from experience not theory. I recently spend $10K on upgrading my DAC and have fiddled with various preamps in the $5 - $10K range, and there is no comparison. Unless you have analog sources, preamps are dead end technology, and will eventually be replaced by the VC build into DACs. These DACs will also serve as the digital switching hubs. Some are integrating music servers, some will have digital room correction, cross-overs etc.
Here is another consideration. Price / performance. Let's say you have a 4K DAC with a build in volume control, and you have $10K in the kitty for an upgrade. You can either buy a $10K preamp and put it behind your DAC (throw in some money for cabling too), or you can buy a $14K new DAC with volume control. In my experience the SQ improvement per $ of the DAC upgrade will be substantially higher than getting the preamp.
Again, I am talking from experience not theory. I recently spend $10K on upgrading my DAC and have fiddled with various preamps in the $5 - $10K range, and there is no comparison. Unless you have analog sources, preamps are dead end technology, and will eventually be replaced by the VC build into DACs. These DACs will also serve as the digital switching hubs. Some are integrating music servers, some will have digital room correction, cross-overs etc.