Richard, as I indicated above my assumption has been that there is no output transformer in the SLP-05, that it is capacitively coupled instead (as is the case with most tube preamps). You might want to ask Cary to confirm that, and also to confirm that the rca and xlr outputs are independently buffered.
As far as the impedance issue is concerned, the only way to answer that with certainty is to determine what the input impedance of the particular sub is. That figure appears to be unavailable on the web, so an email to Velodyne would seem to be in order, if you want to pursue the line-level approach rather than the speaker-level approach.
Regards,
-- Al