From this site:
http://www.undergroundfiles.com/recunder2.html
1. Balanced Vs Unbalanced
Doesn't that title sound like some kind of surreal WWF bout? "And in this corner, wearing black thongs and a leather gimp suit, Unbalanced!!"... Hehe. Seriously, though, we are talking about audio cables. There is constant reference to balanced vs. unbalanced cables and it took a long time before I actually understood what the difference was. In simplest of terms, unbalanced cables are your everyday mono instrument cables. Just so that you know, all RCA cables are unbalanced. Only 1/4" cables come in the balanced or unbalanced variety (and in this discussion I am referring only to 1/4" cables). For identification purposes, you can always tell when a cable is unbalanced as it only has one black ring on the jack. Balanced cables have two black rings. Some people call them stereo cables, which is misleading because they're used for much more than just stereo signals. But, in fairness, all stereo cables are balanced-- they have two black rings. By the way, the rings are not always black-- that's just how I'm referring to them, O.K.? So no e-mails correcting me or I'll burn your house down!!!
So, what's the difference? Well, first of all, balanced cables are ground compensated whereas unbalanced ones aren't . This results in cleaner signals which are hotter and have less noise. Some of you may have noticed reference to +4 versus -10 jack levels in your owner's manuals. Balanced jacks are always +4. Unbalanced are -10. It is wise to match jack levels with proper cables. So, if the jacks on your board or instrument are +4, you should use balanced cables. If they are -10, you may use unbalanced. What you shouldn't do is use unbalanced cables when balanced ones are called for. That is, you may use balanced cables on unbalanced, -10 jacks without any sound degradation but you should try to avoid using unbalanced cables on balanced jacks.
Is there a sonic difference? You'd better believe it! Balanced cables are more efficient and lead to cleaner, quieter signals. Recently, we were experiencing alot of noise coming off of our E-mu e-6400 sampler, especially SCSI noise that was finding it's way into the audio path. We switched out all of the unbalanced cables with balanced ones and the difference was unbelievable. Not only did we get rid of the SCSI noise, we also noted significantly hotter and quieter signals coming to the board which means we don't have to push the preamps as much. And, we've noticed greater hi-end resolution of all samples as a result. So it's no lie when you read that better, balanced cables make a difference. They really do. The down side is that balanced cables are not cheap. They are about double the cost of normal, unbalanced mono cables which adds up pretty quickly. But the difference in sound quality is well worth it. Since switching out the E-mu, one of our main goals is to switch our entire system to balanced.
One final note on this subject. XLR cables (microphone cables) are always +4, balanced. So, when buying a piece of gear, if the inputs or outputs are balanced, either 1/4" or XLR, you know you are getting a better piece of gear in terms of the signal it can handle. If the gear has only unbalanced 1/4" or RCA jacks, it is aimed more at the consumer rather than professional market.