The knob (on the right) that has a whole bunch of wires going to it is the "source selector". It is a 2-pole, 6-position switch (the last 3 positions are not used--it only has inputs for 3 sources). The knob (on the left) that has fewer wired going to it is a 100k stereo potentiometer, which is essentially a variable resister. This one controls the volume. For some reason, it works backwards though. I turn it counter-clockwise to make the volume louder. I don't know if I just wired it wrong, or if it's actually made to turn counterclockwise. If I remember correctly, I wired it according to the schematic on the pack it came in. I think I tried wiring it backwards too, but it would't work that way.
The next one I build (I'm already researching parts sources) will probably have a "ladder attenuator", which is the sort of volume control you are talking about--basically a 72-position switch with resisters soldered across all the poles. And I'm going to build it in an antirely metal cabinet, and jacket all the wiring with sheilding of some sort (probably tinned braid, jacketed in braided PET tubing). I'd also like to use all-silver wiring throughout, with PET or some other non-teflon insulator. And of course, use good-quality gold-plated RCAs...
No, this is not a joke. Just hard-core, bare-bones DIY. You don't need relays or ICs, or complicated ladder attenuators or any sort of high-tech hooha in your pre to get good sound from line-level components like CD players, or reel-to-reel tape decks. In fact, there are some folks in the high-end world who believe that the closer you get to a straight wire from source to speaker, the better it will sound. Of course, for running a turntable through such a system, you do need a seperate Phono Preamplifier, but that is a WHOLE other thread.
Look at the insides of some of the ultra-high-end low-watt tube gear that is used with horn drivers. Some of those hyper-expensive 300b tube amps are dead-simple. Sure they sound great with the right speaker, but believe me, there is not anywhere close to 5-figures worth of parts and labor in those amps or pre's. You're paying for the finish, really. Some of Cary's amps are based on 80-year-old amp circuits, and are ultra simple, the only parts being a transformer, a few tubes, and a handful of caps and resisters. I'm not saying they are not worth the money (if what you want is a low-power ultra-stable amp that sounds as beautiful as it looks) but if you have the skills and tools to do the cosmetic work on a DIY amp, biulding a low-watt tube amp is pretty rudimentary tech, especially if you have a few good manuals on amp design and if you're handy with a soldering iron and wire strippers, you can build a pretty great-sounding amp for a few hundred dollars. Now, the chome-plated, piano-laquered chassis and weirdly-shaped tube cages and gold-plated transformer covers will cost you either a LOT of time in the workshop or a pretty penny to have them fabricated at a shop, but I've seen some tube amps built on overturned aluminum cake pans that sounded AMAZING. Sure they looked like something the Professor would biuld on Gilligans Island, but let's be honest--the chrome and mirror-finish laquer doesn't make it sound better. Would you rather have a perfectly-running, but scraggling-painted vintage Porche 911t for peanuts, or a new-off-the floor Lexus at retail? You'd be surprised how many people would choose the Lexus, just because it has a paint job you can do your makeup in...
And a passive pre is even easier than "old-school purist" tube amps, because it is JUST a selector switch and a volume control, which in it's purest form, is nothing more than a variable resistor.
KISS.
Of course, this is coming from a guy (me) who owns Martin Logans, and drives them with Carver amps, and is writing this post on an Apple MacBook Pro 17" laptop running OS X, perhaps three of the most controversially high-tech brands in the world, so take it for what it's worth...
--Richard