Holmz
Major Contributor
Did you miss the point that the resistor represents the output impedance of the device powering the cable?Nobody wires a passive volume control as a series resistor when dealing with a high-impedance load, that would be silly. What you want is a variable voltage divider. Worst-case output resistance then becomes
Rout,max = (Rsource + Rpot)/4 ≈ Rpot/4 (assuming Rsource << Rpot)
which occurs at the -6 dB point.
Assuming a 4-gang 5 kOhm pot for a stereo balanced signal (equivalent to a stereo 10k when unbalanced), this means a worst-case output impedance of about 2.5 kOhms. In the face of typical 10-20 kOhm input impedance on the other side, this gives impedance levels that may be a tad high for long cable runs but should be just fine for the lengths required on your desk. The usual 1-opamp balanced receiver circuits with 10k/10k/10k/10k are barely going to notice an added 1.25k on each leg.