Salectric, I would pose to you the question I posed to Wolf:
Have you ever connected the probe of an oscilloscope to a low or zero voltage circuit point on a piece of equipment, without connecting its ground lead, and looked at the voltage waveform that is displayed on the scope under that condition?
I assume that your answer, and his, would be "no." I have done that. Depending on the grounding configuration of the particular equipment, a 60 Hz sine wave measuring well upwards of 60 volts will sometimes be seen in that situation. And depending on the grounding configuration of the components in the audio system, a similarly huge sine wave might end up being applied to the inputs and/or outputs of all of the audio components that are involved in the interconnect swaps (including the source component), during the fraction of a second or so that the RCA plugs are being inserted or removed, due to the absence of a ground connection during that fraction of a second.
Do you really want to risk applying upwards of 60 volts to the inputs or outputs of components like these, at least some of which cost well over $10K, even for a fraction of a second? Inputs and outputs that are designed to generate or receive voltages that are around 2 volts or less? If so, be my guest. I would encourage others not to do so, even if the approach I suggested compromises the resolution of the comparison that will be made.
I am NOT saying that damage WILL occur as a result of the approach that you and Wolf are espousing. Most likely it will not. But I am saying that it creates a risk, especially given that RCA's are involved, and that it is therefore a very poor practice that should not be encouraged.
Regards,
-- Al