From Bob Katz' _Mastering_Audio_:
"In an analog signal chain, raising the music signal level as high as practical as early as possible (within the limits imposed by headroom and clipping point of A/D converters) will improve the signal to noise ratio of the entire chain. Then, later in the mastering, we will reduce the signal level digitally in the digital chain that follows."
Hmm. Good ideas all over the place.
_andrew