For a signal path in a preamp (or the preamp section of an AVR) which includes a digital-to-analog conversion, the maximum output spec should be (and in the majority of cases will be) higher than the voltage required to drive a power amp to full power.
For a signal path in the preamp that is entirely in the analog domain the specified maximum output voltage is usually irrelevant. (Although in theory, everything else being equal (and everything else is almost always not equal), a higher maximum output voltage might correlate with better preamp sonics to a greater degree than a lower maximum output voltage). But what is relevant in that situation is that the maximum output voltage of the source component, when increased by the gain of the preamp, should (at least preferably) be high enough to drive the power amp to its maximum power capability. While not being so high that the user is forced to set the volume control near the bottom of its range.
In most cases involving an analog signal path through a preamp, if the source component is a CD player or other digitally-based component and an active preamp is being used there will be no problem driving a power amp to full power. In many of those cases there will also be no problem driving a power amp to full power if a passive preamp (providing no gain) is used. That issue is likeliest to arise if a phono source is used, especially if it is used in conjunction with a passive preamp.
Regards,
-- Al
For a signal path in the preamp that is entirely in the analog domain the specified maximum output voltage is usually irrelevant. (Although in theory, everything else being equal (and everything else is almost always not equal), a higher maximum output voltage might correlate with better preamp sonics to a greater degree than a lower maximum output voltage). But what is relevant in that situation is that the maximum output voltage of the source component, when increased by the gain of the preamp, should (at least preferably) be high enough to drive the power amp to its maximum power capability. While not being so high that the user is forced to set the volume control near the bottom of its range.
In most cases involving an analog signal path through a preamp, if the source component is a CD player or other digitally-based component and an active preamp is being used there will be no problem driving a power amp to full power. In many of those cases there will also be no problem driving a power amp to full power if a passive preamp (providing no gain) is used. That issue is likeliest to arise if a phono source is used, especially if it is used in conjunction with a passive preamp.
Regards,
-- Al