If the gear uses transformers for input or output, then it can operate fine in the balanced domain with no tradeoffs. But preamps with input or output transformers are rather unusual.
Balanced operation was originally conceived to eliminate problems with interconnect cables and it does that very well, in fact so well that it does not matter if the equipment is balanced or not if it can drive the cable correctly- the difference is that profound. Its how the record industry was able to hang mics in a concert hall 50 years ago and at the other end of 200 feet it still sounds like music :)
But a lot of companies just install the XLR cable to be trendy. If that is what you have it will probably work no better than the RCA connection.
Balanced operation was originally conceived to eliminate problems with interconnect cables and it does that very well, in fact so well that it does not matter if the equipment is balanced or not if it can drive the cable correctly- the difference is that profound. Its how the record industry was able to hang mics in a concert hall 50 years ago and at the other end of 200 feet it still sounds like music :)
But a lot of companies just install the XLR cable to be trendy. If that is what you have it will probably work no better than the RCA connection.