Littledog (and anybody else), the variable impedence runs from mic to DI, with indicated high 600 and low 50. My SM82 has an output impedence of 250 ohms. The variable impedence of the Avalon offers stepped variable impedence of 600, 150, and 50 ohms. I think the only way I can use the (line level) SM82 through the Avalon is at 50 ohms impedence with the 20 db pad engaged. Does that sound right? Moreover, how will compensating for the impedence differential with the pad affect frequency response? Second question, what is nominal impedence for a line level signal? I know this is a little off the thread, but you got onto something that's very relevent to me right now. Dave, if you just want 1 clean channel, the M5 should be fine. If you can afford to wait a little (6-8 weeks) consider Davisound TB-10. 2 clean, class A channels for $1000. I can't argue with the 2022 either, I just bought one, and it is worth the price of admission, even if it's I/O's are kind of limited. (no inserts, no digital out, no TRS I/O's, no line level I/O's (well, not exactly- see above)-Richie