As far as the ML No. 32 is concerned, I don't think that either the gain setting or the input offset affects the sound. I believe that these controls are used to match relative levels of each input. I don't think the different settings engage different number of stages of amplification; they just set the selection of the resistors in the stepped attenuator. So, for any given volume level--whether set by going +6 on the gain and -6 on the offset, or just increasing the volume knob by 6db-- the same set of resistors are switched into the circuit.
By the way, I do miss the incredible flexibility and terrific implementation of volume/balance control of my Ref. No. 32 (currently relegated to back-up status).
By the way, I do miss the incredible flexibility and terrific implementation of volume/balance control of my Ref. No. 32 (currently relegated to back-up status).