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I have played with amps with no volume control, amps with well implemented volume controls wide open, using a ZStage or CSP3 for volume... And using those same amps for system volume adjustments, but also one to three extra refined Decware pre stages in front, those used mainly for sound tuning rather than volume.
Finally, at this level of sonic potential, with all else really good, there are too many variables to say one is conceptually better than another and believe it, at least assuming the source to speakers chain does not impart notable weaknesses....
Then- to volume or not... how the volume is implemented, the wire qualities and/or lengths, the quality of the volume control, the solder, vibration, etc, we can have pretty transparent volume control, or a notably limiting volume control.
But also, what is the volume controlling, how fast, transparent and resolving is the rest of the amp, its connectors, transformers, caps, wires, resistors... tubes?
No volume no doubt removes something the signal goes through, fitting a "purist" ideology. And my 300B amp that has no volume sounds great with my tuned up ZBIT and CSP3 acting as gains and volume. But I am considering adding a nice attenuator to the amp.
In my listening, the CSP3, and the more purist ZBIT, at different gain settings do much more to the signal before reaching the amp than change the volume... and those qualities can be really helpful to sound qualities, perhaps especially for lower volume listening... Adjusting optimal density, dynamics and lucidity from each gain stage makes the signal itself more powerful before the amp, potentially giving a more satisfying high or low volume listening experience.
In my experience, gain changes on my amps are relatively neutral at different volumes. Whereas, the ways my Decware pre stages effect the signal with more or less gain changes the sound... basically making the signal more or less powerful while imparting the "flavors" of the pre stage design with more or less density, lucidity, weight, depth, clarity that come with different voltage/gain settings.... This is where gain tuning comes in, and to me, with transparent and musical components and cables, it is so far notably more useful for tuning sound qualities than removing a good volume setup from a resolving and transparent amp.
As one example, many folks seem to find ±80% to be the best sound from their ZBITs. The ZBIT being made of some pretty clean transformers, a gain control, and some connectors... this it a simple circuit, so relatively "purist." But especially with the added cables needed, it is quite a bit more to put the signal through than a volume control. So a "purist" ideology would eliminate the ZBIT. But most love what is does.
Having no gain itself, it adjusts the DAC gain down to optimal sound levels, and the signal qualities with the transformers, for most people make their music sound more complete and awake. Also it appears that this is often the case regardless of the DAC's balanced output voltage, somewhere around the 80% gain level on the ZBIT often a preferred baseline level, bringing a nice level of speed, punch, density, and lucidity there.
I run mine these days usually in the 65-80% area, and it is definitely useful to adjust its gain level for recordings... a little too high, brighter recordings can be too bright and piercing on top. Turn it down a little the brightness turns to resolving natural high information, with lots of complexity. Another recording, it might benefit from amping up the signal energy a little to pull a little more clarity and lucidity.
The CSP3 is similar for me, imparting its own characters with gain adjustments, but also levels of gains changing the sound pretty notably. Gain riding with the amp for the same volume, but different pre and amp settings shows this pretty clearly here.
And the CSP3 having way more to put the signal through than the ZBIT... compared to a well implemented amp volume, a CSP3 is far from a "purist" "volume control." So depending on all else, if the Pre stage feels "off," compared to no pre stage, an amp volume, well done, is more transparent. Then it depends if we like the amp in a more transparent state better than the amp adjusted by a good sounding pre stage.
And lots of folks prefer the sound with the CSP3 because of what it does to the signal, a pretty intense range of voltage gain an important part of this sound influence. Finally, for me, I end up in the 65-80% range for it also, presently with the ZBIT in the 65-80 % range in front of it. The CSP3 in this range, with my current amp does a nice lucidity, weight and dynamics thing with its own flavor, the tubes a nice tuning tool also.
But again, depending on the recording mix, the ZBIT gain, and the volume I want... the CSP3 at a given "volume" can give too much of what it does, or not quite enough of what it does for optimal sound... just like the ZBIT. The ZRock2 in the unity area is similar... little adjustments changing the quality of the signal, making the sound of the recording better or worse in the system.
Yet the amps I have, changing the gain does not change the sound qualities in notable ways except in how the sound loads in the room. So they are for me, a more "pure" volume adjuster. Also, if there is any noise around, the amp on full here will show it more.
But regardless of noise, in my system/room and with my gear, I like the flexibility in sound from gain tuning more than setting the amp at full volume and using pre stages for volume....
That said, with the amp I use with no volume adjustment, I can get really good sound with just the tuned up ZBIT, and the tuned up ZStage or CSP3, just two stages allowing for some useful gain tuning. And especially using three stages between DAC and amp, ZBIT, ZRock, and CSP3, first finding optimal balances between the gain stages for an average optimal sound in the system/room, and then fine tuning those gains for volume and recording adjustment can be pretty beautiful, the tube flexibility these allow contributing.
Finally, for me, though all my stuff is more refined, fast, resolving and transparent than it was stock (my "stock" now years ago, and Steve continues to make things more and more fast and resolving), at this level, gains or not, is real. But it is not as cut and dried as it once was relative to transparency...And especially if the qualities we can get from different gain stages (and their tubes, cables, and feet...) influence the quality of our musical experience in relatively transparent ways, while making the sound more seductive and immersive...well....
But finally, it is all preferences, and all systems and rooms are different, and how much each of us want to explore is different.... so it seems there are no right or wrong ways to do this stuff.
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