Hi TomS,
Good question!
After experimenting with a few different configurations (passive transformers, active SE to differential conversion, and passive balanced impedance), I decided on going with the passive balanced impedance method w/o the transformers (similar to your Jensen example)
It simply sounded better to me (like nothing was being added to or taken away from the sound) compared to the others.
So no added gain on the LIO BAL OUTPUT.
BTW - the rear panel plates for the LIO BAL INPUTS and OUTPUTS modules should *finally* be shipping tomorrow. Hopefully I'll have
them in a few days and then will get building them!
Vinnie