Oh, now I understand where he's coming from: he's talking about the raw line-level output from an instrument (say, a keyboard) being run directly into a recorder's input *with no intervening preamp* to provide make-up gain.
In that case, what he's saying does have some merit: the instrument can drive a -10dBV input to nearly full scale (0VU), whereas it will always be at least 11dB *below* full scale when driving a +4dBm input. As a result, the signal will appear 11dB "hotter" with respect to 0VU on the -10dBV gear: it'll be closer to the headroom, and it will probably appear to have roughly 11dB more level over the intrinsic noise floor of the recorder, than running the same signal into a +4dBm input with no additional make-up gain. Okay, I buy that: the VU meters are reading "volume units" with respect to that piece of gear's design reference, and not the actual voltage levels.
That's certainly true as far as it goes: the levels do match better on a -10dBV input without twisting a knob for more makeup gain.
Now, Dobro's experiences differ, but for good reason: he's talking about using a preamp to move the signal near 0VU in the +4dBm case, before he ever gets near the input to the recorder. In that case, the signal has been pushed up by 11dB over the environmental/equipment residual noise floor before it even goes into the recorder, and you'd certainly be able to say that the hotter signal _would_ be quieter.
You two are just slicing the problem in different ways. In one case, you're just using the instrument's native output, and optimizing the recording gear around that. In the other, you're using a preamp optimized for low noise to provide the additional gain to make it match your recording gear: that's something that just turning the line-in gain knob on your board probably can't quite rival.
Now that I know what context each person is referring to, I can see that _both_ are right.
However, I'd like to underscore the fact that optimizing the gain structure is one of the most important techniques in controlling noise and preserving headroom while recording. If your instrument can't drive the input levels you need it to, using a preamp that is optimized for low noise to boost the level to match the input's needs *is* the correct solution. And if you are talking about sensitivity to environmental noise (EMI/RFI, ground loop hum, opamp thermal noise hiss), then running at a +4dBm reference level absolutely will have an advantage of on the order of 11dB.
Nowadays when everything is bridging, the environmental noise voltages are really pretty much the same in both the -10 and +4 systems. The 11dB advantage is what counts, _once you've provided the makeup gain to get your signal there_. That _is_ a win in signal-to-noise.
So if you're running preampless, and making do just with the minimum gear, Rev E is right. But if you're seriously trying to squeeze every ounce of performance out of your rig that you possibly can, Dobro is right. It just depends on what you are trying to do, and what gear you have to do it with.