Snarl,
I think your friend is mistaken. 8-) Let's look at it another way.
You start with 10 apples and you split them up into two groups of 5 apples. You give 5 of those apples to your friend who tells you he then splits them again into 3 apples and 2 apples and it tastes just like ten. He's still only got 5 apples to work with. 8-)
Also, every time you introduce another physical connection into the signal path, you're increasing resistance.
Cheers,
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