Experts: Why is preamp important?


I know that's a naive question, but the real question is how important a preamp upgrade is relative to the rest of a system. I've heard the statement "a preamp owns the signal", but I don't know what that really means in terms of ultimate sound. For example, is preamp to amp like a transport to a dac, whereby most people would contend that a great dac with a cheap transport can still sound great? I've upgraded my front speakers in a HT system to B&W n803s/HTM1. I currently use a 130wpc Pioneer VSX49tx HT receiver. Obviously I can get better sound from better amplification, and I'm considering a separate integrated amp for the fronts. But the question is can I still make a great improvement using the pioneer's pre-outs to a much better amplifier? Where should I really spend my money? Thanks much. This forum has been tremendously helpful, and I'm sure this thread will do the same.
jeffkad
I'm running a somewhat parallel thread in this forum under another heading, but the same issue has now arisen. Am I wrong in my assumption that the pre-outs will contain the rcvr's processed signal? If I run that into another preamp, am I not getting essentially a "double processed" signal ultimately going to amp? Or does the last preamp clean up and control the ultimate signal to the amp? Dave: don't lose sight of my 2-3k budget. Assuming what I asked above is not a problem, is it worth splitting the budget to get lesser preamp and amp combo, or use it all on a really good amp now and maybe next year get a good preamp?
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"and least understood- control the interconnect cable between amp and preamp to minimize the effect of the cable. Most sources cannot do this BTW."

I know this isn't to topic but Atmasphere's #4 purpose is so intriguing that, like Don_s, I would appreciate it if (with Jeffkad's indulgence) someone could expand on this point.
the B&W's require very competent amplification. given your $3k budget it would seem that you would want an integrated amp from "you know who"- check the listings under int.amp-SS.
$3500 would get you a component that you could be happy with for quite a long time- powerful and solidly built. OTOH, a separate preamp and pwr amp would require a very good pair of (balanced) interconnects between them- perhaps costing $500 or more.
Don_s, If a preamp has a low output impedance, many of the differences you are accustomed to hearing in interconnect cables go away.

In fact the balanced line system used for decades in the recording studio and broadcast was conceived to eliminate (quite successfully) interconnect cable interactions.

Many sources do not have particularly low output impedances. For that reason it is useful to have a preamp line stage to buffer those impedances from the interconnect cable. This prevents the cable to the amp from having any significant effect on the sound.

Quite a few preamp manufacturers do not recognize this function of preamps, so there are many preamps out there wherein the interconnect cable between the amp and preamp is quite audible. So if you hear big effects between interconnect cables between the preamp and amp, then your preamp does not support this function.