BTW, Musical Fidelity is telling me that the problem is caused by the NAD's inputs being shorted when the NAD is in standby. But I'm not convinced that the NAD is actually shorting the input when it's in standby. I put the question in to the NAD tech support line, and their response was:
"In standby mode, the amplifiers turn off and the power supply of the unit enters a 'power-saving' mode (<0.5W)".
But that didn't really answer my question, so I asked again about the shorting of the inputs, and hopefully I'll get a definitive answer.