However, there is a post marked as 'Ground' on the rear of teh Pre-amp, so I guess I can assume that this would do the trick as well? Can I connect both subs' black wire toteh same pre-amp ground post?Although in some systems that approach will provide reasonable results, I would not recommend doing that in this case, at least without first making some multimeter measurements to see if that ground point is directly connected to the ground sleeve of the preamp's RCA output connectors. And looking at a photo of the rear panel of the preamp, which I found via Google, my guess is that it is not. Depending on the specifics of the designs, the result could conceivably be a big-time hum. Or even if that direct connection exists, you might still get a slight ground loop hum and/or slight sonic degradation.
Personally, I'd get an inexpensive multimeter to eliminate some of the guesswork, and some inexpensive Mogami Gold Studio balanced cables, and proceed as I indicated earlier. I wouldn't be surprised if you were to get better sonic results with those cables than with your present RCA cables, even if the RCA cables are far more expensive.
Regards,
-- Al