I recently rewired my tube amp and now have two inputs, one balanced with a transformer input, and one RCA. I put in a selector switch.
Currently I have both RCA and XLR hooked up to my preamp so I can select and listen to one and then the other for AB testing. I think this is similar to what you are reporting with your luxman, When one input is selected, the other one is disconnected. Non problem.
Jerry