Preamp used in HT bypass - Signal degrade??

I use my preamp's bypass when watching movies. The bypass function allows my mono-amps to drive my front speakers and my 3-channel amplifier to drive my center and rears when watching movies. My preamp is used in my 2-channel, when I'm not watching movies. I don't get your comments, "So why does anybody use a bypass component it's just another piece of hardware along the signal chain?" Bypass simply allows the "main" amplifier to drive the front speakers and the processor to control the volume. 

I don't want my home theater components to be in the chain when listening to two-channel music.  The home theater gear is on a completely different level (lower).  I use a nice Onkyo receiver for surround processing, but I doubt running the front channels through my LTA MicroZotl preamp is going to degrade the sound quality.

My previous conrad-johnson preamp had a true pass through.  The LTA really just fixes the volume on the input that is designated as Home Theater.  I set the channel levels with the Onkyo.  Works well enough for me.  

My focus has to do with quality of the Signal path being interfered with when listening to home theater.  Use a conrad-johnson preamp and the bypass function still has the signal going through all those capacitors according to people at CJ, obviously impact some hardware  while passing-through and that's the question here