Thaluc -- Yes, that's correct. You wouldn't be able to fully mute the speakers being driven by the Krell while listening to the other speakers. It wasn't clear to me that you wanted to accomplish that. If it's any help, though, you should be able to set the main speakers to a significantly lower volume than the others, by setting the Krell's volume control in the lower part of its range and the other amp's volume control in the upper part of its range. The signal path from the common preamp out point forward would have the gain of a line stage in the path to the secondary speakers, but not in the path from that point forward to the main speakers.
Regards,
-- Al