Hi.
(1) Can I split the main outputs of my preamp by using a "Y" connector so I will have two sets of main outs
(2) or will that degrade the overall performance of the preamp.
(1) Yes.
(2) It depends the I/P impedance of yr bi-amp system, hopefully no too low & the O/P impedance of yr preamp, hopefully not too high AND the run of the bi-amp signal interconnect to yr preamp, hopefully not too long.
Try it & listen if any drop of overall volume & any drop of HF.
Likewise for my active sub hooked up direct to the O/P of my passive stereo linestage. The added capacitance of the subwoofer interconnects, low I/P Z of my subwoofer (using built-in SS power module). I heard audible volume drop due to the loading of the sub.
So I am now design-building a simple active impedance buffer so as to eliminate the O/P voltage drop due to impedenace unmatch.
Yr situation is very similar to mine.
Good luck.
c-J