I have yet to see any device that synchronously controls the volume level of two entirely separate signals, preamp or otherwise.
With this device, for example, you can have full-range or high-pass filtered L/R signals from a DAC go through input 1 and a separate, full-range or low-pass filtered L/R signal go through input 2. The signal going into input 1 would go out to your power amp(s) and can be high-pass filtered by this device if the source signal is full-range. The signal going into input 2 would go out to your subwoofer, where you can apply a separate low-pass filter with this device or your subwoofer if it’s a full-range signal. You can then level-match the sub to the speakers using the subwoofer’s volume control, and then from there adjust the entire system’s volume in-sync.
You otherwise can’t do this if there’s no bass management upstream. So you could call this more of an independent bass-management system more than you would a preamp, especially if you sell this without a remote control.
Some people also don't like the idea of digital volume control, so something like a WiiM Ultra streamer, despite having bass management, controls volume digitally. This device would allow an analog, resistor-ladder volume control to be used even with bass management, while keeping the sub and speakers level-matched.
-Ed

