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Low noise - It generates less noise internally than any other brand of consumer grade preamp.
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Actually, the PA18 is quieter by a few fractions of a dB. It's the combination of the still low NF plus overload resistance (IP3 between 25 to 30 dB) that I like about the CPA19.
I haven't personally tested an HDP-269, so I can't offer any assessment of it's performance. It does enjoy a good reputation, something that doesn't come easily.