I've always wondered about chip makers implementing an actual ohmic resistive element in combination with several back to back MOSFET's or any other semiconductor switching topologies (sort of like a linear rheostat... except with selectable resistance taps). I'd pay good money for one of those!
The other solution is to lower the signal after the last tube stage and use active TS with regular digital pots. What I did in my preamp is I loaded the CF with a fixed value TS which according to the TS Calculator produces flat response, attenuated the signal to -10dB and then used an active TS with regular digital pots. However this kind of solution is not suitable for the Gain pot.
One issue with relays is reliability. A circuit with 100 relays in it will give 20 times more relay trouble than a circuit with 5 relays. For that reason I'd not settle for anything less than hermetically sealed relays with gold contacts, which will bump the price up somewhat.
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