I know this was a cable question, but I believe that it relates more to circuit design than cables.
Thank you for your reply.
I agree that it relates more to circuit design than to cables, which is why I included inputs and outputs in the question.
If an inherently single-ended circuit transformer balances at its input a single-ended input to plug into an XLR, I used to wrongly label this as "pseudo-balanced." I now know this is called "transformer-balanced." But it still seems kind of bogus to me, because there is no true differential circuit between input and output.
The theory I was aiming at evaluating by this thread is "does a true differential circuit, balanced from input to output, preserve phase, timing and sound-staging information which may be lost in single-ended designs or in pseudo-balanced designs or in transformer-balanced designs?"
Presumably Vladimir Lamm (Lamm) believes the answer is no, Jeff Fischel (conrad-johnson) believes the answer is no, and Stavros Danos (Aries Cerat) believes the answer is no.
Presumably Luke Manley (VTL) believes the answer is yes, Audio Research believes the answer is yes, Ralph Karsten (Atma-Sphere) believes the answer is yes, and Ken Hayes (VAC) believe the answer is yes.
In answering a different but related question, Gary Koh advised me that preserving consistent electrical characteristics (loop inductance, conductor to shield capacitance and conductor to conductor capacitance) between left channel and right channel interconnects in a very long interconnect run contributes to preserving phase, timing and sound-staging information.