Whart - "floating shield" is not quite the same as "floating ground"
For instance, with floating shield, if you have a power cord with Positive, Neutral and Ground conductors, then all three should be connected at the IEC and mains connector - however, the shield ONLY is connected at the mains connector.
Theory is that any RFI is conducted away from the component connected to it
It works very well with a star grounding scheme
It could be accomplished with XLR using todays multi-shielded balanced connectors, but XLR cables generally are not constructed with a floating shield so I wouldn't consider changing anything with your XLR cables.
The occasional noise interference you attribute to power line anomolies may well be eliminated by the Equi=Tech solution
The explanation on their web site states that the noise on the incoming power line phases are 180 degrees opposed and therefore cancels out when put through their system.
If the noise on the phases are equal in amplitude - they would be correct - but we live in an imperfect world.
However, the differences would probably be so small as to render them innefective
One point of interest, they warn against floating shields - from their web site...
all audio cable shields be grounded at both ends.
Not quite sure as to why they state this - maybe they are assuming there is no seperate ground conductor and the shield is used as ground, by default - which may be true in some cables
Keep us posted on how it works out